The Debt Counsellors > Iva Questions > Loans
Loans
What is a consolidation loan?
A loan usually obtained for the purpose of reducing the amount of the payments of bills owed by consolidating the bills into one loan payment is called a consolidation loan.
DEBT MANAGEMENT
A debt management plan is an agreed solution with your lenders and we negotiate with your creditors.
do i qualify?
IVA
An IVA is a formal arrangement with your creditors. Once agreed your creditors cannot ask for your agreement to be changed.
do i qualify?
REFINANCING
Refinancing is a way to wrap up all of your credit into one manageable monthly payment.
do i qualify?
BANKRUPTCY
Bankruptcy is when you legally declare that you cannot pay your debts and a court order is put in place to split your assets amongst your creditors.
do i qualify?
CONTACT
T: 0800 954 8115
Gisborne Close
Staveley, Chesterfield
Derbyshire, S43 3JT