Cut Your Household Bills
If your outgoings are getting out of control then it might be a good idea for you to shop around to try and see if you can get a better deal on your household providers.
There are many websites out there which will make this process easier for you. Outgoings you might want to consider switching to a better deal include:
- Land line telephone - Many home phone providers now offer deals where you can bolt-on your broadband or digital TV.
- Internet - Check to see what low priced deals can offer you the fastest speed for the cheapest price.
- Mobile Phone - Do you really need your expensive monthly contract? Consider going to Pay-As-You-Go or try to renegotiate your current contract for a plan that suits you.
- Digital TV - Do you use the full package? Maybe you could drop the Sports or Movie channels to see how much you could save
- Gas.
- Electricity
- Home Insurance
- Car Insurance
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.)