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Debt Consolidation?
Combine your multiple debts into one lower monthly payment without the need for a loan.
Try our Solution Finder to see if one of our solutions is right for you.
Combine your multiple debts into one lower monthly payment without the need for a loan.
Try our Solution Finder to see if one of our solutions is right for you.
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See if one of our solutions is right for you.
If you are struggling don't worry there are many solutions available. Try our FREE solution finder to see what's right for you.
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If we are unable to help you with all of your debts, or for further information and support to help you with your money troubles, please visit MoneyHelper.
Benefits
Combine your existing debts into one lower monthly payment without the need for a loan.
Our solutions are designed to help with unmanageable debts, such as a Debt Management Plan or IVA
Freeze any interest and charges
In some circumstances you could write off up to 85% of your unsecured debt
Things to consider
Depending upon the solution, there may be restrictions. We will only recommend a solution that is right for your circumstances.
Your credit rating may be affected
As you’ll be making reduced payments, you will be breaking your credit agreements.
If you are struggling with debt a Debt Management Plan could help you reduce your monthly payments.
Here's how we helped Rachel
Unsecured Debt
£7,239
Number of lenders
9
Previous monthly repayments
£691.06
Reduced to
New single monthly repayment
£235.99
‘The service was absolutely fantastic… This process has completely changed my stress level from ten to one overnight. I wish I had done this sooner. I can only thank you for changing my life.’
Freeze your interest & charges.
Like 9/10 of our customers debts.
The examples is based upon average savings, and will depend upon individual circumstances. Paying reduced payments
will take you longer to repay your debts and will impact your credit rating.
If you are struggling an IVA could help you to repay a proportion of your debt with up to 85% written off.
Here's how an IVA helped Paul
Unsecured Debt
£20,081
Term
5 years
Previous monthly repayments
£656
Reduced to
New single monthly repayment
£251
Total amount written off
£12,851
‘Very helpful, very understanding and not judgemental at all. They explained everything in detail and put me at ease.’
Fees are payable which are included in your affordable monthly payment. Find out about the fees here. The examples is based upon average savings and will depend upon individual circumstances. IVAs need to be suitable for you and approved by a majority of your lenders IVAs will impact your credit rating. Read more.
For people with a low income and few assets, a DRO could be an alternative to bankruptcy.
- Your unsecured debts (credit cards, loans, overdrafts etc.) are frozen for 12 months
- Your debt is written off after 12 months if you stick to terms of the DRO
- There are no fees for a DRO.
- Details of your DRO will be added to a public register
- Your credit rating will be affected for six years
Make managing your finances simpler by combining your multiple existing debts into just
one lower monthly payment without the need for a loan.
- You can repay your debts at a reduced rate, over a longer period, making it more manageable
- You’ll reduce the number of lenders you’ll have to deal with
- It may cost you more in the long run, as you’ll be repaying your debt more slowly
- Your credit rating may be affected
A legal arrangement that writes off the debt you can’t afford to repay.
- You’ll only have to make payments towards your unsecured debts if you can really afford to
- When you’re discharged, your outstanding unsecured debt will be written off
- Your home may be at risk if you’re a homeowner
- Your credit rating will be affected