credit score debt how it works

What even is a Credit Score? Credit Score Debt: A number that indicates how likely you are to qualify for the credit is your credit score, also referred to as your credit rating or ranking. A number of considerations, including your total debt rating, how much of your debt is outstanding, whether you have any…

Rent Arrears – Your rights – How we can help

Rent Arrears Problems It may be distressing to get into rent arrears. But don’t disregard the situation. You might end up losing your home if you do not take action to pay back what you owe. To find out what you can do to stop yourself getting evicted for rent arrears, read this blog fully.…

Debt Free – Sort your debts before Christmas!

Debt Free – Can I really be free from my debts before Christmas? Debt Free for Christmas? Yes please! Scottishtrustdeed.info can make all hassle from creditors and sheriff officers disappear before Christmas. Christmas is a time for family and celebrations. Don’t let the creditors and sheriff officers be the Grinch by letting them ruin your…

Wage Arrestment affecting you? We can help!

Wage Arrestment information A Wage Arrestment is also known as an Earnings arrestment means that a percentage of the debtor’s earnings will be taken by their employer to settle the outstanding debt balance. Before an Earnings arrestment can happen a County Court Judgement will have been granted by the courts. An attachment of earnings can only…

Council Tax In Arrears – What Happens Now?

If you can’t pay your council tax Missing payments puts you into Council Tax Arrears. Your council may allow smaller payments to settle the amount. It’s important that you contact your council immediately to explain your situation regarding your council tax payments. It’s highly likely that your council will take you to court if you…

Update from the Joint Administrators of Wonga.com

Payday lender Wonga.com is now in administration after failing to cope with customer compensation claims. Wonga.com was well known for offering short-term, high interest credit (Payday loans) after launching here in the UK in October 2007. Wonga got their name well known across the UK by sponsoring football teams, the London Underground, various TV adverts…

Now the holidays are over is it time to get debt free?

With the dreaded Christmas & New Year period over, the bills are starting to hit home with many Scottish residents. With many dreading the end of January bills dropping that bring to reality that major over spend to get the prezzies & one to many drinks in over the festive period here at Scottish Trust…

“My overdraft limit was the same as my salary so whenever I got paid it Just paid my overdraft” – Millions can’t get out of their overdraft debt. Scottish Trust Deed Info | Free Debt Help Scotland

Why are millions of people in the UK struggling to get out their Overdraft & become debt free? According to Stepchange 2.1 Million people across the UK were constantly in their overdraft throughout 2016, with 81% of those individuals using their overdrafts to buy food, livings costs or household bills. Why are overdrafts the most commonly…

How to remove an Direct Earnings Attachment (DEA) / wage arrestment in Scotland? | Scottish Trust Deed Info | Free Debt Help Scotland

Scottish Trust Deed’s ultimate guide to preventing or stopping a Direct Earnings Attachment  (DEA) in Scotland. Have you received a letter from a Sheriff Officer in Scotland stating their next action is to impose a Direct Earnings Arrestment (DEA)? Ok so nobody wants to receive their payslip from their employer to find out that one…

If payday lender Wonga collapses what will it mean for customers? The Guardian | Scottish Trust Deed Info | Free Debt Help Scotland

If payday lender Wonga collapses what will it mean for customers? Your rights explained over loans and compensation claims as the firm assesses its options Britain’s biggest payday lender, Wonga, is teetering on the brink of collapsefollowing a surge of customer compensation claims in recent weeks that could cause it to call in administrators. The flood of…