Store Card Debt

Store cards are among the most convenient ways to get credit because people often sign up at the point of purchase. Many stores offer a discount on signing up and when you shop.

The problem is that store cards are rarely good value. Debts on a store card can spiral out of control very quickly because the rate of interest they charge is so high. If you don't pay the outstanding balance in full at the end of a month, you start paying large interest charges that can rapidly add up to an unmanageable debt.

Effective budgeting is an important part of handling store cards, and it's best to pay them off in full each month. It's better still to avoid them altogether. However, if you have already built up a large debt on a store card, ClearStart is able to help you to establish the right way forward. Depending on your circumstances, this might involve an IVA, a Debt Management Plan or a consolidation loan. 'Juggling' card debts by moving them from one card to another (called 'rotating finance') is unlikely to work for long.

ClearStart can Help

ClearStart maintains a free and impartial store and store card debt advice service. It is open to any UK resident facing card debt who wants to know more about the debt solutions available. Debt advice is free and confidential and you can access help online or talk to a specially trained counsellor.

Call us on 0800 988 9345

or complete our simple Online Store Card Debt Application Form

Three steps to a better future

Prepare

Any debt solution starts with the facts. Write down:

Debts on cards and other loans
What you earn every month
What you spend every month

Apply

Contact ClearStart using our online form or by calling
0800 988 9345.

Choose

Review our recommendations and then tell us how you'd like to proceed. We can start dealing with all of your creditors straight away.

Apply online

Find out which debt solution is best for you.

Call us on

0800 988 9345

Callback Request

Let us call you back.

Registered in England.

Company number 05384991.

Fairpoint, the parent company of ClearStart, was shortlisted for Debt Counsellor of the Year at the 2010 Credit Today Awards. This nomination is in recognition of the quality, support and best practice we use to ensure you receive the best advice and most appropriate solutions.