How an IVA could
help you
Sarah’s story
How an IVA worked for one of our customers
Having separated from her partner and losing her job, Sarah turned to us for advice. After reviewing her circumstances, we recommended an IVA as the ideal solution for her financial troubles. This helped to clear her debt at an affordable monthly rate.
Figures based on an actual customer who was recommended an IVA. IVAs are subject to acceptance, we may suggest alternative solutions depending on your individual circumstances. Fees Payable.
Total unsecured debt
£22,207
Old monthly payment
£587
New monthly debt repayments
£167
Monthly reduction
£420
Debt written off
£12,188
Term
5 years
Figures based on an actual customer who was recommended an IVA. IVAs are subject to acceptance, we may suggest alternative solutions depending on your individual circumstances. Fees Payable.
We managed to get over half of Sarah’s debt written off
Andrew, Debt Free Team, Advisor