Debt Management »
We'll come up with a debt management solution based on your individual circumstances.

Debt Consolidation »
Our experts can guide you through the range of debt consolidation options available.

Debt Help »
Kensington Financial Management Consultants are experts in providing debt help.

IVAs »
If you have a significant debt problem, you may be eligible to begin this legal process.

Trust Deeds »
A Trust Deed can lead to a significant proportion of your debt being written off.

Bankruptcy »
A Debt Management Plan, IVA or Debt Consolidation should be considered first.

Debt management becomes more important

It's the same old story: we think we have our finances under control and then something happens that makes things more difficult. In this case, it's the rising price of everyday goods such as food and fuel, coupled with a slow down in the housing market and problems across the economies of the world. Money that was previously well-managed can suddenly turn into debt; management into disaster.

Debt management experts in demand

Debt problems often happen because one issue after another affects what we are earning or what we are spending. Rising prices make a real impact on an already tight family budget, and we either have to reduce what we spend on the food bill or on filling the car up, or we think about borrowing money in order to maintain our lifestyle. In theory, there's nothing wrong with either of these options, but in practice, borrowing money we're not sure we can pay back can cause problems in the long term. When it comes to a choice between putting food on the table or repaying the credit card bill, most people head to the supermarket, so it's no wonder that debt management is becoming an increasingly important part of the finance sector.

What to look for in a debt management adviser

As debt management becomes more important, so does finding a really good adviser. When you're already suffering financial problems, the last thing you want is debt management advice from someone who doesn't know the market, and can't give you advice that's relevant to your personal circumstances. Whether you have a small amount of debt, or you're getting into real trouble, you need a debt management expert who is:

Knowledgeable – just as you wouldn't go to a dentist who didn't know much about teeth, you shouldn't go to a debt management company that doesn't have market experience and knowledge. Like all financial markets, the debt management sector is changing all the time, with new products, new criteria and new rules and regulations appearing all the time. If you want up-to-date professional advice, you need to talk to someone who knows the market well and has good relationships with the lenders who make the decisions.

Regulated – anyone giving financial advice should be authorised and regulated by the Financial Services Authority (FSA). A regulated debt management adviser will have to take the time to find out about your individual circumstances, find products that meet your needs and explain why he or she is recommending those products. Regulation gives you more confidence as a consumer, as well as somewhere to go if you have any problems or complaints.

If you can find a debt management adviser who has both of these attributes, you should be able to get the help and support you need to start turning around your debt problems.

Kensington Financial Management Consultants Ltd is a total finance solutions company helping people all over the UK. We speak financial sense. We will allocate you a friendly advisor who will chat through your current situation and formulate a plan for you without obligation. Let us work out a financial solution based on your individual circumstances. It's our aim to help everyone who contacts us. With debt solutions from debt management and IVAs, mortgages & re-mortgages, secured & unsecured loans and advice and information for debt consolidation, bankruptcy and Trust Deeds, we can help. It really is worthwhile giving us a call or applying online today for a confidential chat with one of our friendly advisors. Call FREE on: 0800 096 4409.