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MISSING PAYMENTS WILL HAVE SEVERE CONSEQUENCES AND MAY MAKE OBTAINING CREDIT MORE
DIFFICULT IN THE FUTURE
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08445 888 930.
Yorkshire Debt Solutions is a trading style of Five Star Mortgage and
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Date: April 2010
The holiday season is thankfully approaching fast and lots of us will be thinking of warmer climates than those we have seen recently. However the holiday season comes with a certain problem.
We all take our credit card with us, just to cover that possibility that an emergency can arise – and this is something that we should all remember to do. But, all too often we overspend whilst away having our 1 or 2 weeks of summer fun and then the temptation of using that credit card for a non emergency becomes all too much. Before we know it we are home and realise that we have spent far more than we anticipated whilst away as all those little purchases have become one large balance.
The best thing to do is set yourself a limit of how much you are prepared to spend and then make sure that you stick to this unless an emergency does occur. In the event that you arrive home and can now not afford to keep up the repayments, or you are in the situation that you can’t afford to have a summer holiday then maybe it is time to regain control of your finances and speak to a debt management adviser about making your repayments more affordable.