Case Studies

We have already solved debt problems for thousands of people in the UK. Here are a few examples of the clients we have helped. 

Stanley, Scotland

Original monthly payments: £850
Now paying: £285

Stanley has been a taxi driver for around 20 years and saw a steady decline in income over those years. During this period he relied heavily on credit cards and loans for day-to-day living expenses.

In January 2007 he contacted Creditfix for professional advice regarding his financial affairs and qualified for a Trust Deed.

Shaun, Scotland

Original monthly payments totalled £400
Now paying £100

Shaun obtained 3 credit cards which he used to pay for family holidays, general living expenses and Christmas gifts.

In August 2003 he had an accident which reduced his work time and as a consequence he was struggling to make his monthly payments.

He decided to contact Creditfix to find a long term solution to his financial situation and qualified for a Trust Deed.

Margaret & Martin, England

Original monthly payments: £1950
Now paying: £400

Margaret and Martin did not realise the impact the additional borrowing would have on their monthly income & expenditure and struggled with their finances for several months.

They approached Creditfix to assess their financial situation, and they qualified for an IVA.

Kirsty, Northern Ireland

Original monthly payments: £800
Now paying: £200

In 2005 Kirsty's husband lost his job and she used credit cards extensively to live on, to compensate for her husband receiving no income. During this difficult time they could not meet the creditors monthly demands, so her debts were always increasing.

It was at this point that she sought professional advice from Creditfix and an IVA was agreed as the best course of corrective action to take.