Having Too Many Debts & Unable To Repay Them?

Put Them Together With

A Debt Consolidation UK

Solution & Repay Manageably

Consolidate all your unaffordable debts including bank loans, credit cards, HMRC debts, etc., and pay them back as one single monthly repayment to a single creditor

DEBT CONSOLIDATION

First Name

Last Name

Email

Phone Number

Postcode

By Clicking On ‘Debt Help’, You Agree To All The Terms of use & Privacy policy Of This Website.

How Consolidating Your Debts Can Help You Get Out Of It?

Typically, debt consolidation means combining all your impending debts together and writing them off according to your financial situations by availing suitable debt help solutions, leaving you with making just a single affordable monthly repayment only. Apart from being a hassle, when you have too many debts with multiple lenders, you pay multiple interests on the multiple repayments, which are going to cost you relatively more. By getting the right debt solutions, you can combine all your exorbitant debts and have them waived off in a safe & legal way. This will lead to a reduction in your debts, and you repay nominal amounts for a stipulated period of time. With the primary purpose of relieving your debts, consolidating your debts can also offer benefits like –

reduced outgoing amounts

Reduced Outgoing Amounts

Writing off your consolidated debts will reduce your total monthly repayments

lower monthly repayments

Lower Monthly Repayments

Reducing your debts will have you pay affordable monthly amounts as repayment

safe legal ways

Safe & Legal Ways

All debt reduction solutions are legal procedures that are safe & secure

no creditor chasing

No Creditor Chasing

Getting a debt relief service will stop lenders from chasing you directly

Illustrative Example For Consolidation of Debts

Shown here is a representative example of how consolidating your debts and writing them off can help in controlling & managing your finances well.

Let us assume that your total debts are –

  • Personal Loans £10000
  • Credit Cards £2200
  • Overdrafts £1800
  • Utility Bills £1000
  • Other Debts £3000
  • Total £18,000

The Monthly Repayments

Total Loan Tenure

24 Months

Monthly Payments

£750

New Pending Debts

£3600

New Monthly Payments

£150

Overcome Different Debt Types By Consolidating Them Aptly

At SwiftDebtAssist, you can apply to avail debt reduction services that can help consolidate different types of debts and write them off accordingly. Here is a quick glance of the various debts you can waive off with our solutions –

Personal Loans

Credit Cards

Council Tax Debts

Tax Arrears

Utility Debts

CCJ Debts

HMRC Debts

Loans From Friends/Family

And Other Debts

Why Choose SwiftDebtAssist To Avail Debt Solutions?

With the primary intention of helping you reduce your debts by consolidating and writing them off with suitable debt management solutions, SwiftDebtAssist also offers few other perks to the debtors, so that their debt settlement process is a smoother and a more beneficial one. Here are a few other benefits of availing the debt relief services from SwiftDebtAssist –

Trustworthy AdvisorsTrustworthy Advisors

We will connect you with dependable expert advisors who will study your situation and offer suitable debt advice

Up To 80% Write OffUp To 80% Write Off

By availing the right solution, you can consolidate your debts and write off up to 80% of your arrears accordingly

Uncomplicated ProcessingUncomplicated Processing

We carry out simple, transparent, and uncomplicated processing of your application form for early solutions

Various Help SolutionsVarious Help Solutions

At SwiftDebtAssist, you can choose the most suitable solution from the many different available debt help options

Simple, Safe, & SecureSimple, Safe, & Secure

Right from applying to processing the request, our entire procedure is simple, safe, transparent, and uncomplicated

Private & ConfidentialPrivate & Confidential

From our side, we ensure that the entire process will be help privately between you, your creditor, & your IP

Frequently Asked Questions

1. Precisely, What Is Debt Consolidation?

Consolidating debts is a process wherein all your impending debts will be put together, and by availing the right debt settlement solutions, they can be written off legally. With this, your total debt amounts will reduce, and you will have to repay a smaller affordable amount. Consolidating your debts for a single payment will help you manage your finances in an uncomplicated way, and if it is done by availing the suitable help solutions to reduce the debt amount, it will also help repay debts in a much manageable & affordable way.

2. What Is The Process Of Consolidating Debts With Help Solutions?

If you feel that you are having too many unaffordable debts and cannot repay them on time to your creditors, you can sign up to avail debt management services. The debt experts will study your financial situations, and an IP will consolidate your debts to chalk out a suitable plan to help reduce your debts, by considering your income, and other factors. The plan will be put forward to your creditors, and if a majority of them agree, your debts will be written off, and you will have to repay reduced amounts as a single repayment, which will be repaid to your creditors by the insolvency -solution providers.

3. What Should I Know Before Signing Up For Solutions To Reduce Debts?

There are many things that you should be aware of before getting any legal solution to write off your debts. Firstly, these services to reduce debts come with terms & conditions that differ from place to place, and from service to service. So, it is essential that you know all the policies before you avail them. Also, every help solution comes with its own pros & cons, and you should be aware of them all so that you do not have any unexpected surprises in the future. Furthermore, if you do not abide by the rules of the help solution, you may have to face adverse consequences too.

4. How Do I Know If Consolidating My Debts To Get Reduce Debts Is Right For Me?

To start with, unless you are in a situation wherein you are genuinely not able to repay your debts to your creditors, you cannot apply for a legal help solution to reduce them. The debt advisors will study your condition and provide suitable advice to help you manage your debts. Your individual financial situation, along with many other factors will be the core aspects considered by the IP to decide if getting an insolvency procedure is right for you. So, you, along with your IP who study your entire financial situation will be the right people to decide if consolidating your debts to reduce them by availing insolvency services if right for you or not.

Check Your Eligibility

For more help and advice, visit the Money Advice Service, an independent service set up to help people manage their money. Or find out more about the different options for paying off your debt here. IVAs are not available in Scotland. Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk