Would you like to clear all of your debts without a loan? Have you ever considered an I V A? If you can’t meet your repayments and owe over £15,000 to two or more creditors then an I V A may be an option to consider. An I V A (Individual Voluntary Agreement) is a legally binding agreement between you and your creditors to help reduce the amount of money you owe, interest charges will be reduced or stopped during this period. An I V A is a way of arranging affordable monthly payments with your creditors to pay a percentage of the debt owed, after a period of time (agreed between you and your creditors, usually 5 years) your debt will be settled.

Pros & Cons

• With an I V A you can clear up to 75% of your debts.
• Ideal solution if you are experiencing serious financial problems and face repossession or bankruptcy.
• I V A specialists negotiate directly with your creditors so you don’t have to.
• You send one monthly repayment to our I V A specialists who arrange to pay your debt themselves.
• You may be required to release some of the equity within your home.
• An IVA will affect your credit rating and could make it difficult to get credit in the future.
• It is important that you keep to your I V A agreement.

Debt Free in 5 Years

If you would like to see the end of your debt worries an I V A may be what you are looking for. If you require more information about I V A’s and whether an I V A is an option for you please complete our application form. I V A specialists will be at hand to help with any queries you may have about an I V A. We aim to take the stress out of debt so if you owe £5,000 or more to two or more creditors apply now for free.