Disadvantages - Scottish Trust Deed

Disadvantages of a Scottish Trust Deed

Learn more about what the Disadvantages can be when choosing a Scottish Protected Trust Deed as the debt solution to control your debts and get you debt free

Will stay on your credit file for up to six years
Can only apply for up to £500 credit whilst in the plan
You may find it difficult to Re-Mortgage your home during the plan
It may affect a job application where you are credit checker or against the terms of employment

Scottishtrustdeed.help, is a trading name of YEG Insolvency Limited.

A formal debt solution may not be suitable in all circumstances. Fees apply. Your credit rating may be affected.

The registered office is 89 West Regent Street, Glasgow, G2 2BA. Registered in Scotland company no: SC393839. Registered with the ICO under the Data Protection Number ZA309473

Free and impartial help with money, set up by the government: MoneyHelper.

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Donna Forey is Licensed to Act as an Insolvency Practitioner in the United Kingdom by the Institute of Chartered Accountants of Scotland.

*Debt examples are subject to creditor acceptance, payments are subject to individual circumstances, credit may be affected. Fees may apply.