KEYTERMS TOPIC 11

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M M O N E Y A D V I C E S E R V I C E J N
D U L S I P K S V C W F S R C V K K M H Q
P S K K F S O V L U Y U V X C T J M I G N
I U Q C R E D I T H I S T O R Y P B A V E
I V A S E Q U E S T R A T I O N I V I U F
C A D M I N I S T R A T I O N O R D E R Y
G M X T D E B T R E L I E F O R D E R Y Q
I P H A I X C I T I Z E N S A D V I C E J
L B D W E V W W L N G B R G J L P Q Y C K
G M I N I M A L A S S E T P R O C E S S Y
B A L A N C E T R A N S F E R I I Q M B M
D J F Y D L F U Q M L V P S H R S M U N E
B F M I Y B G V J R R I L M T L W G B C I
U P B J S G C G K M T E E N P L P X N R X
D E B T M A N A G E M E N T P L A N D H A
V X M Q G I A X V O H E G R W W D Q H R N
Q C E E B E X P H H G T C T J X O I Y E E
C O U N T Y C O U R T J U D G E M E N T A
P J L S R H G P P X M B F H X T C N H A G
L X Q O N E L Q B I N O D J M L M Y H V R
K Q A N F G U B T B P S V I N P M B G Y O

Clues

  • A charity providing free, independent, confidential and impartial advice on citizens’ and consumers’ rights and responsibilities. (8, 6)
  • A consumer information service set up by the government to help people make informed financial decisions. (5, 6, 7)
  • A record of money borrowed and repaid by an individual. These records are held by credit reference agencies and providers will check the individual’s credit history when a prospective customer applies for a borrowing product. (6, 7)
  • A repayment plan arranged by county courts in England, Wales and Northern Ireland for people with less than £5,000 in unsecured debt and at least one county court judgment (CCJ) against them. (14, 5)
  • An order a person in specific conditions can apply for if they cannot afford to pay off their debts. It generally lasts one year, during which time none of the people owed money can take action, and after which the listed debts are cleared. (4, 6, 5)
  • An organisation to which a person in debt (debtor) pays what they can afford each month. The DMC then deals with the organisations (creditors) owed money. (4, 10, 4)
  • Available in Scotland and similar to a DRO. The MAP is the route into bankruptcy for people with less than £2,000 in assets. (7, 5, 7)
  • In England and Wales, a judgment issued by a county court to a person who does not respond to court action from a person or organisation to which they owe money. The CCJ affirms that the money is owed. (6, 5, 9)
  • Moving the balance (total amount owed) on a card from one card provider to another. (7, 8)
  • The term for bankruptcy in Scotland, which applies to people who owe more than £1,500, have not been bankrupt in the last five years and have had court judgments for payment made against them. (13)

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