United Kingdom, UK (PRWEB) January 16, 2007 -
Adderson.com, a UK based financial web site, is now helping people with poor credit histories find the finance they require.
With consumer debt levels at a record high in the United Kingdom many homeowners are failing to keep up with repayments on their outstanding debts and are thus having black marks on their credit records. These black marks such as county court judgements (CCJ's), mortgage arrears, bankruptcies and alike make obtaining finance in the future more difficult and expensive for these homeowners.
This is where Adderson & Co. comes in. They specialise in assisting homeowners with a bad credit rating. They have many years experience helping and arranging bad credit loans, mortgages, adverse credit remortgage and commercial finance. They have a large panel of adverse lenders which means that they can offer clients the best possible rates and finance products.
It has been a busy 18 months for Adderson & Co. as the number of people with poor credit keeps increasing. On a daily basis they are contacted by people that have missed payments on their mortgage and are being threatened with repossession or that have CCJ's and are finding it difficult to obtain finance. For this reason they have seen an increase in the number of people that apply for a bad credit remortgage, in the hope they can switch lenders and pay off some of their debts.
Christopher James, Media Relations manager for Adderson & Co. commented, "We have seen a dramatic increase in the number of people looking to refinance their debts and clear off mortgage arrears. Some cases are extremely sad, we see young families having their houses repossessed and there is nothing we can do to help. January has been very busy with everyone over spending at Christmas and then the surprise raise in the bank base rate. Lots of people are having difficulty with their current mortgage lender and are looking for a problem remortgage to get themselves out of trouble."
Adderson & Co. have recently redesigned their web site to make it more useful to visitors. Although it is no where nearly finished you can see what they are trying to do. They will be adding free reports and guides on such things as mortgage repossession, fixing bad credit and alike. They aim to make available valuable information that can really help and guide people. Also visitors to the web site will now be able to apply online for a free finance consultation and quotes.
If you are a homeowner with a bad credit history and would like a consultation and some quotes then you should log onto Adderson.com - don't forget to check out the helpful guides as well.