Speak to an adviser:
0800 040 7064

Professional advice

Take ControlWrite off unaffordable debtSpeak To A Debt Specialist Today 0800 040 7064

Take Control
Write off unaffordable debt

Speak To A Debt Specialist Today

0800 040 7064

Do You Qualify?

    About Your Debt

    About You

    Britain’s personal debt crisis is "escalating" and debtors should take quick action to avoid becoming a casualty, a student publication has warned.

    Nouse, the newspaper of the University of York, quoted figures from the charity Credit Action which reports that the country’s personal debt level rises by £1 million ever four minutes.

    "Alarmingly, the UK is now responsible for a third of all unsecured debt in Western Europe," warned Nouse.

    The newspaper called upon struggling borrowers to use their self-control to bring their debt under control.

    One possible route out of debt is an individual voluntary arrangement (IVA), where the borrower agrees an affordable monthly repayment level for a certain period of time after which their debts will be written off.

    The government suggests IVAs can be useful if the debtor cannot agree an informal arrangement with their creditors.

    However, unlike IVAs, informal arrangements are not legally binding so there is a risk the creditor will discard it at a later date.

    Do You Qualify?

    We are fully authorised and regulated by the Financial Conduct Authority. Speak to one of our fully trained, financial solutions specialists.

    Check If I Qualify