Debt consolidation allows you to repay debts at a reduced rate, over a longer period, making them more manageable so you don't have to resort to a loan and potentially get further in debt. Get in touch and take control of your finances.
Start planning a debt free future today!
What Options Are Out Here?
What is debt consolidation?
The process of debt consolidation involves turning several separate debts into a single, manageable monthly payment.
Thousands of people in the UK are struggling with debt which we understand can be very stressful. Getting the right advice is extremely important.
It may be possible to:
- Reduce your monthly payments
- Freeze interest and charges
- Stop creditors chasing for payments
Debt consolidation options include IVA, Bankruptcy, Debt Relief Order (DRO), Debt Management Plan (DMP), Debt Arrangement Scheme and Sequestration.
Please be aware that lenders are not obliged to accept less than contractual, payments or to freeze interest and charges. This may result in an increase in the total, amount repayable and may affect your credit rating.