Jump to content
House Price Crash Forum
Sign in to follow this  

Business Is Booming And Going From Strength To Strength

Recommended Posts


As consumers sink deeper into red, Debt Free Direct's profit soars beyond forecasts

Phillip Inman

Tuesday September 5, 2006

The Guardian

Advice firm Debt Free Direct yesterday highlighted the problems facing thousands of people laden with credit card and other outstanding bills when it forecast a surge in profit growth for this year.
The Aim-listed company, which rearranges debt payments and drafts individual voluntary arrangements (IVAs), said it expected to
beat profit forecasts of £9.8m by a
t least 10%.
It is the latest specialist business to highlight the increase in the number of people entering IVAs, which allow people to repay a set amount each month in exchange for creditors freezing interest payments on the debt...../
Debt Free Direct issued an average of 551 IVAs each month between May and July, up 196% on the same period last year, and a record 607 IVAs in August.

Its not all doom and gloom in the Miracle Economy. :lol:

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.