Thursday, October 29, 2009

Debt Consolidation Ireland: Debt Assist: Norway 1st European economy to raise rates

Debt Consolidation Ireland: Debt Assist: Can help people who cant pay their loans, are having problems with credit card arrears or mortgage arrears. With Norway becoming the first European country to raise interest rates above 1.5% other economies are sure to follow suit. This will put increased pressure on many families who are already terrified of losing their home. With unemployment raising and house prices falling 1 in 3 homeowners could be in serious trouble with negative equity, meaning that even if they lose their home they still have a sizeable debt to pay off. Raising interest rates will mean the cost of that debt could skyrocket.

At Debt Assist we neogotiate on behalf of our clients with their creditors to freeze any interest or other charges being added to the debt and work out a manageable repayment plan based on what you can actually afford to pay. This payment plan can often lead to a reduction in your monthly payments of up to 50%.

Visit us at www.debtassist.ie and fill out a request a free consultation or phone us on 1890 87 67 27. With our team of Solicitors & Accountants we are in prime position to offer the best service in debt management in Ireland.

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