Debt Relief Order
Debt Arrangement Scheme
Bank Loan Debt
Payday Loan Debt
Credit Card Debt
Store Card Debt
COVID-19: We have answered some of our customer's most frequently asked questions
In case any of you might have forgotten, February 14th is Valentine’s Day. Today, we’re meant to show our partner just how much we care. Whether you have a spouse, fiancé, boyfriend, or girlfriend, some may choose expensive gifts or just decide on a quiet night in.
One thing is for certain though, if you’re in a relationship and forgotten about the significance of this day, you might want to come up with a plan pretty sharpish.
It should come as no surprise that Valentine’s Day generally puts pressure on our wallets. Over the day itself, Finder estimates that more than £1.45 billion will be spent – with more than five per cent of us shelling out at least £100 for the event.
On average the cost of Valentine’s Day is increasing as well, up by 23% compared with 2018. Although it looks like the song ‘Can’t Put a Price on Love’ was clearly mistaken, Finder’s research also revealed that more than nine million Brits intend to celebrate the event without spending anything at all.
Given the costs involved in celebrating Valentine’s Day, we don’t think anyone can blame you for wanting to have a low-key event. The good news is that if at least nine million Britons can celebrate the day without spending anything, you can too.
After all, although going to an expensive restaurant, maybe a cinema trip, and a fancy gift sounds like a great way to honour the person you love, they probably won’t appreciate it if the event leads to debt later.
It’s worth asking yourself whether the person you love would want you to go to so much trouble for them. Chances are, they’d prefer it if you didn’t. Instead, consider a quiet meal at home, planning a romantic stroll, or just curling up on the sofa together with an entertaining movie.
The point is, if you’re struggling to see how you’re going to celebrate Valentines’ today, talk to your partner and be honest. They’d probably prefer to spend a night with you when you’re happy and relaxed as opposed to stressed and worrying about finances.
If you’re worried about the amount you’ve spent on Valentine’s Day, and worried about the effect this will have on your bank account, get in touch with us and we can talk you through some debt solutions.
We help more than 400 people every day and we’re confident we can find the best outcome for you.
Debt write off applies to unsecured debts and on completion of an IVA. A debt write off amount of between 20% and 80% is realistic, however the debt write off amount for each customer differs depending upon their individual financial circumstances and is subject to the approval of their creditors.
Call charges may vary depending on your telephone provider. All calls are recorded for training and compliance purposes, but deleted after 6 months for non-customers in line with GDPR guidelines.
Free money help and advice can be found at the MoneyAdviceService.org.uk