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Debt Advice Online

Myvesta Ireland, a division of the international social enterprise and debt help organisation the Myvesta Foundation, has extended its online debt advice services to offer Irish consumers suffering from money worries a confidential online debt chat service

Sean Tyrer, CEO of Myvesta UK and Ireland, commented "the debt advice chat facility Myvesta offers in the UK has proved invaluable to many people in need of instant information about debt solutions. Given the growing need for convenient debt advice services in Ireland we have launched the chat facility online via the Myvesta Ireland website. Already the service is being widely used by Irish consumers in need of independent debt assistance from experienced debt advisors"

Myvesta Ireland is spearheading the growing need to help consumers with unmanageable financial commitments via the Debt Management Plan service the enterprise has developed in Ireland. Many people feel that the only option available to them when monthly credit payments become unsustainable is further borrowing via debt consolidation loans. This route often serves only to compound debt problems further and often makes the situation worse.

Debt management plans allow people to regain control of their financial situation without the need to borrow more money. In a debt management plan an individual or debt advice organisation will renegotiate repayments terms based on the reality of the persons circumstances and not what is being requested by creditors. The basic idea is that all creditors are treated equitably and fairly in a debt management plan and receive payments in line with what the indebted consumer can afford to make.

Source:
http://myvesta.ie/articles/articles/17/1/Debt-Advice-Online/Page1.html