Debt adviser outlines different loan products and the issues they present
By Jim McDowell, Specialist Debt Adviser
I would like to start this article by saying how happy I am to be re-joining Advice NI with three other debt advisers who all worked on the old Debt Action NI service. We will be based in the North (NBAP), South (Southcity), East (EBIAC) and West (SCA Ltd) Belfast but not restricted by Post Codes. We will be offering a free Confidential Debt Advice Service, funded by the Money Advice Service, through Advice NI.
I would like to make a comment about different loan products, which have affected the client’s I have dealt with over the past eight years, by causing them concern, hardship and stress. It’s timely that the Financial Conduct Authority (FCA) is looking to take action against high interest credit.
If you have any clients who need debt advice you can refer them to the Helpline – 0800 028 1881 or you can contact us directly on:
Jim McDowell, Southcity - 07808 864 742
Jacqui McKerracher, NBAP – 028 9039 1225 (temporary)
Peter Coburn, EBIAC - 07808 864 754
Anne Marie Carmichael, SCA Ltd - 028 9032 9085 or 07808 847 593
I would like to make a comment about different loan products, which have affected the client’s I have dealt with over the past eight years, by causing them concern, hardship and stress. It’s timely that the Financial Conduct Authority (FCA) is looking to take action against high interest credit.
- Doorstep Lenders
- Payday Loans.
- Interest Only Mortgages
- Guarantor Loans
If you have any clients who need debt advice you can refer them to the Helpline – 0800 028 1881 or you can contact us directly on:
Jim McDowell, Southcity - 07808 864 742
Jacqui McKerracher, NBAP – 028 9039 1225 (temporary)
Peter Coburn, EBIAC - 07808 864 754
Anne Marie Carmichael, SCA Ltd - 028 9032 9085 or 07808 847 593