Debt Consolidation

Debt Consolidation

Debt consolidation works by collating all your debts from different creditors, negotiating a lower interest rate and ensuring you pay just one, simple and lower monthly repayment.

Debt consolidation simply makes your debt more affordable.

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Debt Management

Debt Management

At Consolidate My Debt, our friendly debt management consultants will advise you on whether a debt management solution is right for you.

With a debt management plan, our debt management experts will guide you to financial freedom.

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IVAs

IVAs

If you have a significant debt problem you may be eligible to begin a legal process known as an Individual Voluntary Arrangement.

This means that your creditors accept a reduced offer of repayment to settle their debt.

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Debt Management Explained


A debt management plan is a debt solution for debts that are debilitating but not extreme. With a debt management plan you don't have to resort to an IVA or bankruptcy.

Is Debt Management for you?

At Consolidate My Debt, our friendly debt management consultants will advise you on whether a debt management solution is right for you. Debt management plans can help you resolve debt problems by offering you an informal arrangement. As such, debt management is not as extreme as the more formal, legal alternatives such as an IVA or bankruptcy. It is suitable if your debts are not huge, if you have low disposable income, or you expect that your financial circumstances will change for the better in the near future. Debt management is, simply put, a way of taking control of your debt and finances. At Consolidate My Debt, we can:
  • Freeze interest and charges on your debt as part of the debt management agreement with your creditors
  • Negotiate reductions in your repayments to creditors
  • Create a single, monthly affordable repayment on your existing debt
  • With our debt management plan, we can put a stop to the stress of being chased by your creditors
With a debt management plan, our debt management experts will guide you to financial freedom.

Don't let the stress of debt ruin your life, free yourself today. Call: 0800 158 3654. We aim to help everyone that contacts us, home-owners and tenants alike. See how our debt management solutions can solve your debt problems.

Debt Management for Flexibility and Choice

Debt management plans are a non intimidating solution for debts that are not extreme but are causing you concern. And at Consolidate My Debt, our debt management plans are flexible – so they can change to suit your changing circumstances. In fact, if we believe there is a better debt management solution available to you as time goes on, we will offer you the option to switch and help you make an informed choice.

Do you Need a Debt Management Plan?

If you are feeling stressed about your debt, we are here to help you. You are not alone. We help thousands of people struggling with their debts. Debt management is an informal negotiation with your creditors to make your debt more affordable on a month-by-month basis. If you've been refused financial products or financial help, a debt management plan might offer you the way out you've been searching for, helping you find freedom from debt.

At Consolidate My Debt, we will devise a debt management solution based on your individual needs. Our friendly advisers aim to help everyone who contacts us – tenants and homeowners alike . It really is worth picking up the phone and seeing how our debt management solutions can cut you free from debt. Call: 0800 158 3654 and find out just how we can help you.

Call our Friendly Advisers

A simple phone call to our friendly debt management advisers can offer you the relief you desperately need from debt stress. At Consolidate My Debt, we do all the hard work for you, we will:

Allocate you a friendly debt management adviser who will chat through your financial circumstances We will then research a range of financial products on your behalf to find the most effective debt management solution for you With our ethical debt management advice, we can help reduce your debt by freezing interest and charges on your existing debt, negotiating with creditors on your behalf or consolidating your debt into an affordable monthly payment.

It's easy. A debt management plan is the gentle approach to debt. Don't let the stress of debt ruin your life, free yourself today. Call: 0800 158 3654. We aim to help everyone that contacts us.
Articles
16/04/2008
600,000 Stare Bankruptcy In The Face

According to a report in the Times, as many as 600,000 people may struggle with their debt management in 2008 as the conventional methods of tackling debt are being increasingly withdrawn from the market.
16/04/2008
Avoid Being Caught On The Phishing Line

Debt management is proving difficult enough for many across the UK but experts are warning that they may inadvertently make their debt problems worse by becoming the unwitting victim of a phishing scam.
16/04/2008
Cornwall Threatened By Wave Of Credit Card Debt

Cornwall may be famed for a care free attitude characterised by its surf community but when it comes to debt management, the population of the beach resort are struggling more than most.
15/04/2008
Credit Card Shock

It was predicted that debt management in the UK would be eased by the Bank of England's decision to cut the base rate of interest. Banks, however, have upped the APR on many credit cards making debt management tougher.
16/04/2008
Lambasted Banks

The root causes of the debt management problem in the UK are plain for all to see. Many experts are suggesting, however, that a large number of British banks are not doing all they can to help with some even acting childishly.
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Latest News


10/12/2008
A Numbers Game

It goes without saying of course that an IVA will prove extremely beneficial to many individuals suffering debt problems but it needs to be established that they are in a financially viable position to maintain IVA payments.

10/12/2008
Answering all your IVA queries

An IVA is a financial resolution plan that is instigated for those with high level debts who are looking for a way to repay their arrears and avoid the onset of bankruptcy. It is imperative to understand the basics of an IVA from the off.

10/12/2008
Bleak 3 Year Picture for People’s Finances

Of course, there is considerable cause for concern regarding the UK’s economy at present and many will opt for an IVA amidst reports that as many as 500,000 face personal insolvency over the next three years.

10/12/2008
Even High Earners See the Benefits of an IVA

It is, of course, just as easy for those on high incomes to encounter debt problems, particularly in the current economic and this is reflected in the number of high earners utilising an IVA to save themselves from bankruptcy.
 

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