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Debt Centres - Nationwide Support



UK Legislation could reduce your debts by up to 70%*

Fees & Key Information

What fees are involved?

If you enter into a debt help solution there maybe fees involved. Fees depend on your personal circumstances and the type of solution recommended. Our panel of Debt Solutions Companies are committed to being honest and upfront about these costs and providing excellent customer service at an affordable price.

Any fees you pay will be part of your monthly payment and will be based on what you can realistically afford.

Each Debt Solutions Company on our panel will go through your personal circumstances to recommend the best solution for you and the associated costs. These vary from company to company but will be disclosed before any agreement can be made.

Will my credit score be affected?

Any debt solution that involves paying less than originally agreed will have an impact on your credit rating. The expert debt advisors will talk you through all the pros and cons before you commit to any agreement.

What happens if I change my mind?

You are under no obligation to enter into a debt solution, but on entering an agreement you have the right to cancel at any point within the first 14 days

 

Other Resources

The Insolvency Service - Dealing with my Creditors - Dealing with my Creditors

Where to go to get free debt advice - Where to go to get free debt advice

Citizens Advice Bureau

The service provides free, independent, confidential and impartial advice to everyone on their rights and responsibilities.

www.citizensadvice.org.uk

Debt Advice Foundation

Debt Advice Foundation is a registered national debt advice and education charity offering free, confidential support and advice to anyone worried about loans, credit and debt.

www.debtadvicefoundation.org

Debt Support Trust

Debt Support Trust is a registered charity (SC041902) providing debt advice and supporting people struggling to manage their debts.

www.debtsupporttrust.org.uk

National DebtLine

National Debtline is a national telephone helpline for people with debt problems in England, Wales and Scotland. Our service is free, confidential and independent.

www.nationaldebtline.co.uk

Further Resources

The Insolvency Service – Dealing With Debt Information

In Debt – Dealing With Your Creditors

 

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Case Studies
  • Mr. D from Salisbury

    case study 1 Mr. D from Salisbury was paying £250 per month towards two Barclaycards with combined balances of over £6k. He was paying £250 per month of which £180 was an interest charge. Mr. D has been paying £99 per month into his debt management plan since August 2012. £25.50 is retained each month as an administration fee and interest and charges are frozen across all of his debts.
  • Mrs. S from Oldbury

    case study 2 Mrs. S from Oldbury was paying £475 per month towards £17,500 of unsecured debt to multiple creditors, including high interest charging payday loans. She has been paying £120 per month into her debt management plan since July 2012. £35.50 is retained each month as an administration fee and interest and charges are frozen across all of her debts.
  • Mr. H from Harrogate

    case study 3 Mr. H from Harrogate was paying £580 per month towards over £24,000 of unsecured credit, including three high interest charging credit cards. Mr. H has been paying £202 per month into his debt management plan since August 2009. £41.02 is retained each month as an administration fee and interest and charges are frozen across all of his debts.