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 defaults and how much credit is still available to you, decide how well you score. In general, the UK standard Read more…

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. If you are struggling with your Rent payments you should firstly contact your housing, Council or Landlord. Explain to them Read more…

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 holidays. Our Protected Trust Deed is one of the ways you can stop all of the contact and hassle! You Read more…

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 occur if a debtor has missed one or more payments on a County Court Judgement. If the debtor has fallen Read more…

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 ignore the arrears, you may also have to pay court fees. Court Fees can add hundreds to your bill. You’ll Read more…

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 & shows, all of which were heavily criticised. Wonga charged interest rates, which can equate to an Annual Percentage Rate (APR) Read more…

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 Deed we are here to help! How? Here at Scottish Trust Deed we offer Scottish residents the chance to get debt free using government legislation known as a Scottish Protected Trust Deed. What benefits does a Scottish Protected Trust Deed Read more…

Struggling with debt scottish trust deed

“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 known credit facility in the UK? Most individuals we speak to here at Scottish Trust Deed do not classify their overdraft Read more…

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 your employer has been informed to take money from your earnings due to an unpaid debt & also the stress Read more…

Wonga is assessing ‘all options regarding the future of the group’. Photograph: David Levene for the Guardian

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 claims relates to loans taken out before 2014, when Wonga was the poster child for outrage in the payday lending industry that Read more…