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.

• informal arrangement
• we negotiate on your behalf
• some reduction in debt & interest
   
   

Find the right solution - compare online now »

A debt management plan could be the answer if you have...

• disposable income of less than £200 per month
• debts with less than 3 companies
• debts of less than £15,000

An IVA ia an official debt repayment plan that in most cases includes the freezing of interest, reduction in the total amount of debt owing, and legal protection from creditors.

• fixed IVA repayment period (60 months)
• all further interest & charges frozen
• outstanding debt legally written off

Find the right solution - compare online now »

An IVA could be the answer if you have...
 

• disposable income of more than £200 per month
• debts with at least 3 companies
• debts of over £15,000

Consolidation loans are used to merge your existing debts into one loan with lower monthly payments, even with mortgage arrears, CCJ's or other credit problems.

• The loan is spread over a longer period
• The interest rate is less
• You could receive a cheque within days
   

Find the right solution - compare online now »

A consolidation loan could be the answer if you have...
 

• Your own home
• Equity in your home
• Full-time employment