Consolidate Your Debt

You might be thinking of a way to make your monthly payments more affordable to you. A way to do that is with a Debt Consolidation Loan. 

You take out a loan which effectively pays off all your smaller debts. As a Debt Consolidation Loan is usually secured against your home, it is important that you are sure that you can make these payments, as failure to do so means that your home is at risk.

Want to Consolidate Debt Without Borrowing More?

If you are looking to make just one lower payment to your creditors without having to borrow more money, then a Debt Management Plan might be your best option.

Debt Free would arrange one lower monthly payment to all your creditors, which you can afford!

For free advice and information, please call our Debt Free team on 0808 131 0039 or fill in the Quick Enquiry Form. 

Entering into an IVA may adversely affect your credit rating for up to six years from the date of approval.

Your property will be protected within an IVA but you may be required to release all or part of any equity during the period of the arrangement.

Failure to complete the term of an IVA can result in bankruptcy.

(In Scotland, a PTD is the equivalent to an IVA.)