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Mrs W, of Co Offaly
Mrs W, of Co Offaly - Debt Help Case Study
Mrs W has been a client with The Debt Advice Team since November 2008.
Mrs W contacted The Debt Advice Team as she was struggling to keep up with the repayments on her debts. She started the debt re-payment programme with a total of €164,262, owing to five seperate creditors;
- Bank of Ireland Credit Card - €14,300
- Bank of Ireland Loan - €64,000
- MBNA Credit Card - €10,000
- G.E.Money - €20,70
- Perm TSB - €4,700
The Debt Advice Team have successfully negotiated with all five creditors to freeze a fair amount of interest on the debts and reduce her monthly payments to an affordable €323.70 a month from the original €2,100 contractual payments she was previously paying. With our help she has payed off €2,571 off her total balance. Mrs W is no longer being bombarded with phone calls, letters or visits from her creditors.
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