Good news, you completed your application!
What happens next?
- Your application will be assessed by a financial advisor
- They will have to call you to verify some information
- You can take a break and relax. You’ve earnt it!
These solutions could help you
A consolidation loan can be a great solution to dealing with multiple debts
By taking out an amount equal to – or exceeding – the value of your combined debts, you could pay all these off while just focusing on one affordable monthly payment.
Want to write off your debts? An IVA could be a solution
An IVA (Individual Voluntary Arrangement) is a formal agreement to repay larger debts through affordable monthly amounts. Once the IVA ends, any remaining debts are written off.
Debt Management Plan
Take your non-priority debts and make them a memory
Ideal for mounting expenses such as credit card debt, this informal agreement allows you to repay your creditors through affordable monthly amounts.
Want a fresh start? Bankruptcy could be the best option
If you can’t afford to pay your creditors, bankruptcy might be the best way to resolve your financial situation and get you back in the black.
A unique debt solution for Scottish residents
If you live in Scotland, a Trust Deed can freeze interest rates and stop creditors from taking legal action against you. This debt solution is similar to an IVA.
Debt Relief Order
Got limited assets? This could still write off your debts
A Debt Relief Order can be a great option for those with few assets or spare income. Once this arrangement comes to an end – and if your situation hasn’t changed – debts are written off.
Debt Arrangement Scheme
A government scheme to help you resolve your debts
Only available to residents to Scotland, this scheme is very similar to a debt management plan. It also freezes interest rates and prevents creditors from taking action against you.
A legally binding arrangement we can help you with
If one of your creditors has already taken legal action against you, an Administration Order can help you resolve your debts and get you back in the black.