Our
extensive panel of lenders also have rates available up to
23% APR enabling us to find loans for those with even
severe credit problems. Loans are subject to status. Please
ask for a personalised illustration.
THINK
CAREFULLY ABOUT SECURING DEBTS AGAINST YOUR HOME. YOUR HOME
MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR
MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
IVA -
Individual Voluntary Arrangement
Are you struggling to make your monthly payments? Perhaps you would
like to lower your monthly payments? Why not speak to one of our IVA
advisers?
What
is an IVA?
An IVA or Individual Voluntary Arrangement is where a person comes
to a legally binding agreement with their creditors (i.e. those they
owe money to) about how they will pay back the money they owe.
An IVA may be the solution for you as you agree a repayment amount,
which could be a way to reduce your monthly payments. Also when an
IVA has been agreed there are no further interest charges, and the
total amount you pay will usually be less than what you owe. Providing
that you meet the repayments throughout the term of your IVA, you
will be free from these debts no matter how much you have paid back.
The money you pay into an IVA is divided equally between your creditors
so it can also be a good option for them too. Our understanding advisers
will look at your situation and work out the best solution to help
you be debt free.
Getting a Loan with an IVA
If you have an IVA and require a loan we still may be able to help.
Our diverse panel of lenders have deals available for most circumstances.