Trust Deeds

Managing your finances can often be a challenging task, especially when you find yourself in a situation where you have entered into a Trust Deed. For those living in Scotland, a Trust Deed is a legally binding debt solution that enables you to consolidate your unsecured debts into one affordable monthly payment, ultimately making it…

Entering into a trust deed, also known as a Scottish trust deed, can have an impact on your credit rating. Trust deeds are a form of insolvency in Scotland, and they will be recorded on your credit file for six years, which can make it difficult for you to obtain credit during that time. Additionally,…