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Intrum Justitia and Lindorff combined.

As of June 27th 2017, Intrum Justitia and Lindorff have combined to create the world's leading credit management services company.

Read more here.

Top 10 tips for a healthy cash flow

Do you run out of money several days before payday? Are you sitting on a pile of bills that should have been paid ages ago? The best way to take control of your finances is to make a budget, where you can keep track of your monthly income and expenses.

Take control over your financies.  We would like to share top 10 tips to keep your household cash flow healthy:

  1. Work out your spending to spend within your means. Get a handle on your household expenses by listing all of the expenses you have each month with the aim of not spending money you don’t have.

  2. Think twice before purchasing something – do you really need it?

  3. Set aside funds for bills you know will arrive sometime in the future so you have enough to pay them, from income tax to car insurance or registration.

  4. Never sign a contract until you have read and understood the stated terms.

  5. Always read the small print and avoid extra costs by always paying on time.

  6. If you cannot pay a bill on time, do not postpone informing the people to whom you owe money – you may be able to work out a repayment deal or gain some extra time.

  7. If you fail to pay what you owe, you may be contacted by a debt collector. In that situation you need to react to limit potential damage and costs. Talk to the collection agency about your financial situation and seek possible solutions.

  8. By keeping communication going and striving to reach a solution, you may be able to find ways of solving your debt problem.

  9. If you have a payment plan, keep your promises. If you can’t, then it is vital you inform the collection agency immediately. Reputable debt collectors such as ourselves are here to help you get out of debt. 
  10. Don’t ignore any money problems you may have, get advice as soon as possible and work to obtain a firm grip on your financial situation.

 

 

Money Advice Budgeting Services

MABS is the State's money advice service.

For more advice on money management and debt issues, you can contact them at 0761072000.

Alternatively, you can visit their website for more information at https://www.mabs.ie/contact-mabs/ .