Banks are bracing themselves for a new wave of claims to hit as 70% of credit card & loan agreements deemed to be “severely flawed & unenforceable”…

No wonder business is booming for Credit Clear Services as more and more people are discovering Debt Elimination as the more attractive alternative to debt consolidation or a debt management program.

Credit Clear Services are leaders in their field of Debt Elimination. There is no need for expensive credit card debt consolidation services that do more harm on your credit rating.

That's why their growing numbers of clients are raving fans of the service they offer. It's testament to the exceedingly high level of professional and ethical service they provide.

Says one Credit Clear client; “I was uncertain about the reality of eliminating my debt this way. I didn't really think it could be possible. So I spoke to a consultant and after they explained the process I felt very assured and was very excited to get started. This is the best decision I've ever made and now I'm on track for a debt free Christmas!”

It's no surprise clients get excited by the prospect of having Credit Clear Services eliminate their debt because they have a very impressive track record. The results speak for themselves and in every case to date they've had their clients' outstanding debt written off - in full.

What's more, Credit Clear Services is regulated by the Ministry of Justice which means at all times they are acting within the law and providing a service that is legal, ethical and just.

How is it possible you can have your debt simply wiped out?

Currently in the UK, it's estimated over 70% of all credit agreements are flawed and therefore unenforceable. Essentially, this means there is an excellent chance your credit agreements may not be worth the paper they're written on.

“If your credit agreements are found to be flawed and unenforceable, our legal team will act on your behalf to have your credit debts wiped out” says Simon Helliwell of Credit Clear Services. The entire process takes around 90 days.

And it doesn't stop there. Store card finance agreements, white and brown goods financial agreements and vehicle finance have all come under the careful scrutiny of the Credit Clear Services legal team. In many cases, these agreements have also been found to be flawed and unenforceable.

Who are Credit Clear Services typical clients?

According to Simon, their clients are usually dual income professional or semi professional couples with children, aged between 35 and 44. The average debt their clients have is a substantial £70,000 – £90,000. He says that for the vast majority of these people, it has simply become unrealistic to continue to service their sizable debts. They've reached breaking point financially and are desperate to find a solution.

How do people get themselves into such a high level of debt?

In recent years, the affluent and middle classes in particular have taken advantage of the vast number of low-cost and highly available credit options. According to latest statistics, nearly 50% of the estimated 31.5 million credit cards in the UK are owned by just 5% of the population. Many of these people are juggling 5 or more credit cards.

Now, the combination of continued lifestyle commitments and the compounding effects of recent changes in global financial money markets (the so called "credit crunch") many people who fall within this demographic are struggling to meet just their basic financial obligations..

Credit Clear Services are offering a life line to their clients. They're giving people the opportunity to eliminate their debts, wipe the slate clean and have a fresh financial start.

Not surprisingly, it's a service rapidly gaining in popularity and credibility. An increasing number of people are choosing Credit Clear Services Debt Elimination process as the preferred solution to their debt problems.

And just how will this affect the lenders?

Well it's a good question and the banks and lending institutions are already preparing themselves for the new wave of claims. GE Money is just one lender who has already accrued £3.5 Billion on their balance sheet for this fresh round of mis-selling claims.