Is a free debt management plan always better than paid debt help from a fee-charging company?

Id like to start by saying ClearDebt Group is a fee charging debt resolution company, proud of what we do and how we help people. Our brand ClearDebt does IVAs and Abacus provides fee-charging debt management plans.

Ive written before about the assumption many make that free debt advice is always good advice (something I dont agree with).

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New Daily Funded Bets

On 2 April we launched our new Daily Funded Bets (DFBs) to replace Daily cash bets on stock indices, sectors, forex, shares, gold and silver.

Our new DFBs offer our tightest spreads without the inconvenience of daily rollovers.

We are reacting to what our clients have asked us for: simpler statements that are cleaner and easier to manage.

With DFBs you will now see your true profit and loss for each position you hold, uncluttered by multiple rollovers across a period of time.

DFBs have a long expiry date of April 2016, but just like our existing Daily cash bets you can close your position at any point before this.

Current Daily cash bets expire each day and are subject to a rollover charge.

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According to a report in the Swiss newspaper Tages-Anzeiger the Swiss are poised to send the names of thousands of potential tax evaders who have Swiss Bank accounts over to the IRS, and/or the Department of Justice. The data files are, according to the unconfirmed report, due to begin coming over later in October. The report goes on to speculate that the banks on the list include Credit Suisse, Julius Bär, Zürich Cantonal Bank, Basel Cantonal Bank and Wegelin. These names shouldn’t come as any great surprise because it appears that the IRS has been actively investigating them for some time.

Whether or not the report turns out to be true is unknown. However, if it is, it leaves very little time for U.S. p

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When it comes time for you to establish your credit, your first and most important step is choosing the correct credit card. If you choose the wrong credit card to start with then you will be doing yourself more harm than good. You should spend a good amount of time researching your options before jumping into something that sounds too good to be true.

Getting a secured credit card will not only help you establish a good credit score, but it will also prevent you from going into credit card debt. That is because with a secured credit card you’re not spending borrowed money. You are in fact spending your own money that you have previously deposited into a special account. Thus building up your credit score while establishing credit.

When choosing your secured card you have to make sure your going with a well known company. Some of these smaller companies don’t report the deposits as payments. The

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Guest blogger Emma Bryn-Jones, from consumer cooperative Zero Credit, questions whether debt management is social.

Ignorance is bliss or is it? Can we safely say that what you don’t know cannot hurt you? When we eat a duff meal or employ a rogue builder, are we any safer for not knowing that the products and services are dud? No! We depend on an array of recommendations, quality and standards labelling to help us. The same is true of credit.

In a country where average household debt is approaching £60,000 compared to an income of less than £30,000, we have a collective responsibility to manage a change in circumstances. Som

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