Are you tempted to spend?
Do you set out with good intentions every month, only to find yourself spending money you could have saved on things you don`t really need?
How much do I pay each creditor on a debt management plan?
For people with unmanageable debts, finding a debt solution that can bring their debt repayments down to an affordable level is extremely important.
Is there an age limit for IVAs or debt management?
There are a number of debt solutions available for people in various situations. For people with unmanageable levels of debt, two of the most common debt solutions are IVAs (Individual Voluntary Arrangements) and debt management plans.
IVAs explained
For people having serious difficulties with their debts, one option is an IVA (Individual Voluntary Arrangement): a legally-binding debt solution that could help you to clear your debts within five years.
How much can I afford to pay towards my IVA?
If your debts have become completely unmanageable, you`ll want to find a debt solution that can bring your debt repayments down to an affordable level.
Cutting costs to help with debt
When your debts start to cause you problems, the first thing you`ll want to do is look at where you can cut back and make more room for your repayments.
Struggling with debt: debt management plans
Struggling with debt is never a good situation to be in, and if you find yourself in trouble, you`ll want to find the best way of clearing your debts.
What protection can an IVA offer?
An IVA is a legally-binding agreement with your lenders in which you`ll repay as much of your debts as you can afford over an agreed period of time, after which the rest of your debt will be written off.
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