MoneySolve Expects Increased IVA Uptake After Christmas

MANCHESTER, England, November 9, 2010 - Debt advisors at MoneySolve expect the IVA (www.iva.org.uk/)
uptake to increase following the Christmas period. Christmas is traditionally
an expensive time of the year, with many consumers funding the extra expenses
associated with the festive season using credit cards and other forms of
borrowing.

The advisors at MoneySolve commented that:

"Christmas is a time of financial temptation. Credit providers make it
all too easy for consumers to take out credit cards or even personal loans.
Add that to the number of stores who offer discount incentives for customers
to take out store cards and it's easy to see why so many people overspend on
credit at Christmas and suffer the consequences of this well into the new
year."

MoneySolve's advisors believe that this type of spending on credit can
lead to a troublesome financial hangover, adding:

"Long after the Christmas tree has been put away, those credit card bills
will be coming through and where people have borrowed more than they can
actually afford to pay back, we see people enquiring about IVAs or other
potential debt solutions. Of course we all have to take responsibility for
our own finances to a degree, but the credit providers really should be held
accountable when someone is able to access more in credit than they will ever
realistically be able to repay."

If you are concerned about debt problems, you can contact MoneySolve for
free, no obligation confidential advice on +44(0)800-634-1125 or visit
www.moneysolvedebtmanagement.co.uk or www.iva.org.uk

Contact: MoneySolve, Elizabeth Beesley, Astute House, Wilmslow Rd, Handforth, Cheshire SK9 3HP, +44(0)1625-544789