If you're looking for debt help and to make your monthly repayments more manageable, a debt consolidation loan is certainly a debt solution worth considering. But it all depends on the size of your debts. Talk to us first to see whether an IVA (Individual Voluntary Agreement) or another debt solution could apply to your situation.
Having debts with different loans, credit cards and so forth can make it hard to keep control and to meet all the repayments. A debt consolidation loan would enable you to have just the one repayment to worry about. But you need to be sure that it really is the best debt solution for you. Talk to Debt Free Advice and we'll give you expert, impartial advice so that you can make your decision with confidence.
Call us free on 0800 083 1433 to find out more.
Is Debt Consolidation the best choice?
If your debts exceed £15,000 then an IVA could be a better solution for you. But you’ll also need to assess whether a Debt Management Plan, remortgaging or even bankruptcy should be considered. Call us to find out more about all your options and to get a good understanding of what's involved in each possible debt solution.
Repaying your debts
If your objective is to clear your debts as quickly as possible, then you need to be aware that debt consolidation can often lengthen the period of repayments, although at lower amounts than you currently face. As long as you’re happy and financially comfortable with this, then it’s a very valid debt solution. But talk to us first so that you fully understand all the implications involved.
Call us free on 0800 083 1433 Our phone lines are open 8:00 am and 9:00 pm Monday to Friday, or 9:00 am and 5:00 pm on Saturday and 10:00 am to 4:00 pm on Sunday. You can call free for an initial chat about your own debt situation.
