The pathway to resolving your debts

MANY people find themselves burdened with huge levels of debt through credit card bills, unpaid utility bills and bank overdrafts.

At the same time, they may still be managing to pay the mortgage and the cost of the car loan.

In many cases, that is the right priority to adopt because the mortgage and car loans are “secured debt” — the home and car at risk of repossession if they do not keep up the payments.