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More brokers turn to debt management

09/07/2008

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Leading debt management provider, EuroDebt Financial Services, has now signed up more than 650 intermediaries and brokers to its Introducer Scheme, reflecting the increasing pressure to provide consumers with alternatives to re-mortgaging or other funding to bolster flagging finances.

Director Kevin Still explained: "More consumers are finding themselves struggling, but don’t want to put their home at risk.

“The headlines, almost daily, talk about the rising cost of living and the impact it’s having on families and individuals in the UK.

"For many, who were playing a careful balancing act, just about managing debt repayments, they are now permanently in the red and not able to dig themselves out of their difficulties.

"But they really don’t want to lose their home, car or other tangible assets.

“Debt Management is, therefore, a very viable alternative.

"We are finding more and more financial advisors and brokers looking to pro-actively include this in their range of services so that they don’t have to turn clients away".

 

Source: Credit Control Journal

 

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