. . . after we found ourselves in serious debt. We hadn't expected to have problems when we were told we could buy our home after renting for six years. It was incredibly exciting to own a property at last.
We loved renovating our home too. It was wonderful to have a new kitchen and make sure everything was the way we wanted it. The only problem was that costs started to build up and we realised we had been spending on credit cards a bit too freely. We had to take out a joint loan of to try and reduce my card balances. Soon after that my husband took out another loan to reduce his own balances and I borrowed even more to help control mounting costs.
That was when we realised things were starting to go badly wrong and tried to negotiate lower payments with our creditors. Unfortunately we couldn't reach an agreement. We also tried to raise the equity from our home, but that proved impossible.
A friend told us about Debt Free and we gave them a call. The woman we spoke to was really helpful and open with us, explaining all of our options carefully. She asked us a lot of questions to make sure she understood our situation before advising us on the best way forward. We felt confident and we took her advice. It was such a relief to get back to affordable repayments. Now we're feeling secure again and we know that our home is safe.
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