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In a DMP/IVA & struggling to pay each month? BBC 3CR 2/8/18

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In a DMP/IVA & struggling to pay each month? BBC 3CR 2/8/18

Postby Debtwizard » August 7th, 2018, 1:46 pm

Are you in a debt management plan (DMP) or an Individual Voluntary Arrangement (IVA) and now find yourself struggling to pay each month?

If this is you then try and listen to my recent appearance on the Johnathan Vernon-Smith consumer hour on the BBC Three Counties Radio about what you can do and how to ask for a review on your circumstances. it is expected that more consumers will be under financial pressure following the recent rise in the Bank of England base interest rate.

0% credit card balance transfer, a good thing?
I also natter on the impact of a rate rise with credit card debt, the pros and cons of 0% interest balance transfer on credit cards and how these can be a good thing, can't they?

Credit card debt
If you are one of 2 million people that just pays the minimum amount each month on your credit card debt then you seriously need to know how much this will cost you in the long term. I's a real concern and all credit card borrowers should be aware of the sums involved.

How to listen
Now on the BBC i Player. The actual topic starts at 1:42:00 but for Mike's slot mover the timer to 1:49.38 - 1:54:31 (4 mins 53 secs)

BBC Three Counties Radio with Johnathan Vernon-Smith Thursday 2/8/18 (for 30 days)

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You can see the full five point guide here In debt? Don't know where to start?

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