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Originally Posted by thomasslice Hi Everyone.
I am 56 and had £13500 credit card debt last year. I applied for loans but to be honest didn’t get any and some private companies offered me with a high APR. As my bank manager told me that I could release some cash from my private pension. I came home and search on internet and applied to a company. They took 3 months to get cash off my pension. I managed to get 25% from total pension. I wanted to share this idea because I know people like our age struggle a lot with debt. There are quite a lot companies in UK and they all can do their job. I can give the url of the company did it for me. Best of Luck and hope you get out off debt as soon as possible. PensionsPronto | UK Pension Release | Finding pension advisors for your needs |
This is some grea advice! Although another way that you can deal with debt is if you go to a debt advisor or to the citizens advice bureau where they can advise on the best route to sort out your debt - I was able to get a programme in place and it helped me to manage my repayment plan.