Cashfloat.co.uk releases a free ‘2018 Guide to Debt Management Companies’

Cashfloat.co.uk releases a free ‘2018 Guide to Debt Management Companies‘ to give UK citizens much-needed information about managing debt before turning to expensive credit to help them overcome a deteriorating financial situation.

One of the fastest growing payday loan companies in the UK is Cashfloat, a trading style of Western Circle Ltd. Although payday lenders are normally criticised for putting people into a lot of debt, Cashfloat.co.uk is one payday lender who is doing the complete opposite by addressing debt issues on their website with the release of their 2018 edition of ‘A Guide to Debt Management Companies in the UK’.

Cashfloat’s aim is to balance helping people with their short-term problems while educating them to avoid a long-term problem.

Peter Kimpton, Cashfloat’s COO explained:

“As we’ve seen countless times, some consumers assume that payday loans are a debt solver rather than a short-term solution. Our goal is to help UK consumers recognise and deal with their debt problems whilst still providing payday loans as a source of financial assistance where circumstances are appropriate.”

As part of their initiative, Cashfloat has introduced a 60-second debt test from Stepchange Debt Charity on their website which allows users to check if they are in danger of falling into debt. If the results of the test suggest that the user is in debt, they will immediately be directed for debt help provided for free by Stepchange.