May
4
04/05/2010
Several new rules and guidelines have recently come into play regarding consumers, credit and debt. A number of rules have been agreed upon between the government and credit card providers, including a ban on consumers facing financial difficulties receiving unsolicited offers for credit limit increases. This is on top of guidelines published by the Office of Fair Trading (OFT) in January, which provides guidance for borrowers and lenders regarding how and when debts can be enforced within the terms of the Consumer Credit Act. Other recent changes include a May 2009 warning from the OFT to debt collectors mandating that they are not to harass borrowers by informing neighbours they are attempting to collect a debt.
Consumers who are struggling with their personal debt and having problems paying household bills can consider the help of a sell and rent back company. Sell to rent back companies buy homes very quickly for cash. When opting for sell rent back, you can also remain in your home as a tenant. One such sell and rent back company is Property Rescue, which can buy super quickly for cash with a sell rent back option. When you sell to rent back, you also avoid legal and estate agency fees.
For a quick house sale valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a sell to rent back offer extremely quickly.