Complete our quick online form to see whether you qualify for one of our debt solutions.
2. Consultation
If you qualify for a debt solution, we will then discuss the options to fit your circumstances.
3. You Decide
Once you have been advised of your options, you decide what you want to do. Our service is free, confidential and no obligation.
Free debt counselling, debt adjusting and provision of credit information services are available from the Money Helper service an organisation set up by the Government to offer practical advice to those in debt.
About Us
Debt Concerns are a firm directly regulated by the Financial Conduct Authority (FCA), for the purpose
of debt
help advice. Our team has over 80 years experience in helping people with their debts.
Our vision is to help change lives by helping people make the most of their money.
Example of Unsecured Debt
Loan
£12,240
Credit Card
£2,375
Payday Loan
£2,787
Council
£598
Total owed
£18,000
Customer repayments before & after an IVA
Before an IVA
£468
(TOTAL CONTRACTUAL REPAYMENTS)
With an IVA
£105
(TOTAL CONTRACTUAL REPAYMENTS)
Reduced By 65%
* monthly payments are based on individual financial circumstances
Some Of The Solutions Available
Debt Management Plan
This plan is suitable for people with unsecured debts totalling £15,000 or less,
although this depends on your exact circumstances.
Individual Voluntary Arrangements
IVAs are a binding contract between you and your creditors. You will make fixed monthly
payments into your IVA, and in return they will accept lower payments over a fixed term.
Protected Trust Deeds
Residents of Scotland may benefit from a Protected Trust Deed. A Trust Deed is a legally
binding agreement between you and your creditors, similar to an IVA.
Debt Arrangement Scheme
A DAS is also a solution for residents of Scotland and is a Government approved scheme
allowing you to freeze all interest or charges on your debts. A DAS exists until your
debts are fully repaid, meaning your debts will not be written off.
Fees may be payable if continuing services are provided. Repaying debt over a longer time period
may increase the total amount to be repaid.
Credit rating may be affected. Read about fee information here
How We Can Help
Being in debt can be incredibly stressful but our solutions are about trying to reduce your monthly
unsecured
repayments down to an amount that you can afford and eventually become debt free so that you can get
your life
back on track.
Debts we can help with include:
Council Tax Arrears
Store Debts
Payday Loans
CCJ Debts
Overdrafts
Loans
Credit Cards
Previous House Rent Arrears
Benefit Overpayment
Mortgage Shortfalls
Utility Arrears
We have a range of solutions to help. The best solution for you will depend on your own
personal circumstances including how much debt you are in, what you can afford to pay back and where
in the UK
you live. Once we understand your circumstances, we can identify which solution you qualify for and
fully
explain the process. If you decide to proceed with us then we can deal with your creditors on your
behalf. You
will be allocated your own debt advice expert who will take away the unwanted pressure of dealing
with any calls or
paperwork received.
However difficult things seem right now, the good news is that every debt problem can be solved.
With our free service, we'll look at your financial situation, explain the debt solutions available
for your
circumstances and then recommend a solution which could be suitable for you. If you then decide you
want to
proceed with that debt solution, we will put you in touch with one of our trusted providers. After
this, if you
want to use their service, we will receive a fee for introducing you, or a fee for the preparatory
work we have
completed.
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