Important Client Update

Creditfix have recently acquired the majority of individual voluntary arrangements (IVAs) managed by Knightsbridge Insolvency Services Ltd.

All clients affected by the transfer will be informed in writing over the next few days and should continue to make their monthly contributions as normal.

If you have any questions please contact the Creditfix Customer Service Team on 0141 565 1306.

Knightsbridge will keep some of the IVA customers and all of their DAS and Trust Deed customers, who should continue to contact us as normal.

New customers of Knightsbridge should contact us directly on 0800 046 5866

Financial News

All the financial news that matters to you

When Good Debt Turns Bad

Date: Tuesday, April 30th, 2013

Have you ever wondered how a debt you were managing without any problems suddenly becomes a problem? It can happen very suddenly without warning. Whether you have taken out more debt than you can manage or you have lost your …

Will a DMP Affect My Credit Rating?

Date: Monday, April 29th, 2013

Are you confused about your credit rating and how it affects your ability to get future credit? Perhaps you have checked your score and it was lower than you expected. Many people are confused about the numbers on their credit …

How Can I Escape the Cycle of Credit Card Debt

Date: Saturday, April 27th, 2013

If you have run up thousands of pounds on your credit card or cards, you are not alone. Recent statistics show that the UK’s credit card debt stands at £54 billion. In fact, the number of credit cards in the …

How to Prevent Debt Leading to Anxiety and Depression

Date: Friday, April 26th, 2013

More and more people are visiting their GP because of depression and anxiety caused by debt. It’s hardly surprising when you consider that in the UK, credit card debt alone tops £54 billion.

If your health is starting to suffer …

Do You Have a Debt Problem? The Warning Signs.

Date: Thursday, April 25th, 2013

It might seem like an obvious answer, but many people are struggling with the debts without realising the root cause of the problem. If you are finding it harder to pay your debts and your day to day living costs, …

Why Your Overdraft Should Be Used With Caution

Date: Wednesday, April 24th, 2013

Are you using your overdraft every month to pay for essential items? Have you almost maxed out your overdraft or do you keep extending the limit? Overdrafts are debts in the same way as credit cards and personal loans are …

Why Thousands of People Are Turning to Debt Consolidation

Date: Monday, April 22nd, 2013

If you dread different times of the month because you need to pay lots of creditors, a debt consolidation loan could be the answer. Even if you have direct debits for your debts set up, it can still come as …

IVA or Bankruptcy? Which is the Best Solution For You?

Date: Friday, April 19th, 2013

Bankruptcy is usually seen as the last resort for those having problems with their debts. However, if you really think you have no other way of clearing your debts, bankruptcy could be the best solution for you.
As with most …

Beware the Store Card and Tempting Discounts and Offers

Date: Wednesday, April 17th, 2013

You had every intention of paying by cash or debit card when the shop assistant mentions you could save 15% if you take out a store card today and use that instead. It’s all too tempting isn’t it? You sign …

Stop Creditors Adding Charges and Increasing Interest

Date: Tuesday, April 16th, 2013

Your creditors are well within their rights to add charges and interest onto your account if you forget to make repayments. In fact, many have automated systems that will set a charge on your account even if your payment is …

Free debt counselling and advice is also available from the
Money Advice Service available at: www.moneyadviceservice.org.uk