Credit card debts are causing such big problems for UK consumers due to the "credit crunch" and it comes as no surprise that millions are looking for ways to eliminate these debts.
The usual methods are debt consolidation and debt management programs, with possibly insolvency proceedings or Private Voluntary Arrangements in extreme cases.
Recently however there is a new tactic when it comes to clearing credit card accounts: the illegal credit agreement.
This method uses a little-known "...