I was reading Alan's Blog yesterday about the Creditaction debt statistics, and couldn't help but wonder how they compared to our own MRA Debt Help clients.
I decided to compare the national average for personal unsecured debt against that of clients on our debt management plans. According to Creditaction, the national average personal unsecured debt is currently £9633 per household. Unsurprisingly the average for our debt management clients was considerably higher, at £41509.
With 1 person being made bankrupt or entering an IVA every 3.5 minutes, and 1990 County Court Judgments issued every day, a Debt Management Plan can potentially be a very good way of tackling your debt and getting back on track. The average monthly payment arrangment for an MRA Debt Help client was £303.97, even lower than estimates provided by our debt calculator. This represents a £941 saving every month, when compared to the amount needed to pay off 3% per month (£1245).
If you think that a debt management plan may help you, or if you would like help and advice on any debt matters, then give MRA Debt Help a call on 01424 777156
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