Compare your options using our online calculator
Compare your options using our online calculator
- Debt Management Plans Freeze your interest and extend your repayment terms...
- IVAs You could see much of your debt written off with an IVA
- Consolidation Loans Use the equity in your home to reduce your monthly payments
We work with the UK's top providers
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Money, Debt & Credit
Write off up to 60-70% of your debt, and just pay back what you can afford
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Debts.co.uk
Offer one reduced monthly payment and interest and charges stopped
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Betterway
Have friendly, trained staff who are a phone call away to putting your mind at rest
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Which option will help me with my debt problems?
Debt Management Plans
A Debt Management Plan is an informal process of negotiating with your creditors for:
- the freezing or reduction of interest;
- extension of repayment terms;
- or the writing off of part of your debt.
IVAs
An IVA is an official debt repayment plan that, in most cases, includes:
- the freezing or reduction of interest;
- a reduction in the total amount of debt owing;
- a legal protection from the companies you owe.
Consolidation Loans
A Consolidation Loan is a way of merging all your debts into one simple monthly payment.
- the loan is spread over a longer period;
- the interest rate is less;
- and you could receive a cheque in days.
Debt Management Articles
On the face of it, an Individual Voluntary Arrangement, more commonly known by its acronym, IVA, seems too good an opportunity to miss if you are in a...
There is a tendency to think that debt management is something we do only when our debts become a problem or start to spiral out of control. This is a...
36. UK Faces Credit Card Bills of £32 Billion
UK consumers spent a record sum on credit and debit cards in the final three months of 2007 as borrowers increasingly used plastic to pay their househ...
35. UK Debt Problem Increases as Many Fail to Seek Advice
The number of Britons seeking debt help is increasing following the aftermath of Christmas, which is causing many to consider bankruptcy. Debt charit...
The individual voluntary arrangement (IVA) is the final option for many investors in an attempt to avoid bankruptcy. IVA is government-supported...