Free Debt Help Cardiff

Speak to an expert to discover all the debt solutions available to you.

Safe, secure & confidential

Advice is free but fees and disadvantages may apply if you enter a debt help solution.
May not be suitable for all.

Help also available at MoneyHelper

Free Debt Help Cardiff

Welcome to Free Debt Help Cardiff! We understand that seeking debt help can be overwhelming. Our tailored solutions, including Debt Management Plans, Individual Voluntary Arrangements, Debt Relief Orders, and Bankruptcy, focus on affordability and long-term financial stability. Explore your options with us without judgment.

Make one affordable monthly payment to us and we’ll manage the payments to your creditors for you.

We deal with your lenders on your behalf, taking care of all the hassle and paperwork.

Check if you qualify

How do I get started?

Answer a few quick questions

Use our easy online questionnaire to start the debt help process.

Speak to a debt specialist

Our friendly, experienced team will explain all the available options.

Choose your plan

Select the best solution for your circumstances and lifestyle.

Check if you qualify

What debt are you most concerned about?

Credit Cards

Over Drafts

Unsecured Loans

Store Cards

Personal Loans

Utility Bills

Business Debt

Catalogues

Check if you qualify

Advantages of a DMP

We will manage the contact with your creditors and provide them everything they need. So, as long as you keep in touch with us, your creditors shouldn’t need to contact you.

You will just make one monthly payment to us, instead of paying all of your creditors individually.

In the vast majority (99.48%) of cases, creditors will stop applying interest and charges, so the money you pay will come straight off the balance.

You will have an online account which you can use to view your account and make changes.

If your circumstances change, we will renegotiate the payments with your creditors.

Disadvantages of a DMP

Your creditors don’t have to agree to the repayment, or to freeze interest and charges.

A debt management plan doesn’t protect you from further recovery or legal action from your creditors.

Your credit rating will be impacted because you’ll be paying reduced amounts to each creditor. If you’ve been missing payments to your debts it is likely that your credit report will already have been impacted.

Check if you qualify

Free Debt Help Cardiff

Bankruptcy is a legal process that allows individuals in the UK to deal with overwhelming debts they cannot repay. It is suitable for those with unmanageable debt and no alternative solutions. The process involves declaring bankruptcy, which involves a court order to deal with debts. While it can provide relief from debt, there are consequences to consider. Bankruptcy can affect credit scores, assets may be used to repay creditors, and future borrowing may be impacted. It’s essential to seek professional advice to understand how bankruptcy could work for your situation without judgment.

Check if you qualify

Free Debt Help Cardiff

Individual Voluntary Arrangements (IVAs) are a debt solution for UK individuals struggling with repayments. It involves a legally binding agreement to repay creditors over a set period. While an IVA can lead to debt write-off, there are considerations like credit rating impact. Seeking professional advice is essential to determine if an IVA is the right option for you.

Check if you qualify

Free Debt Help Cardiff

Debt Relief Orders (DROs) are designed for individuals in the UK with low income and few assets, making them unable to repay debts. The application process involves meeting specific criteria and having debts frozen for a year. While a DRO can provide relief from debt, there are limitations to consider. It’s important to seek professional advice to understand if a DRO is the right solution for you.

Check if you qualify

Free Debt Help Cardiff

A Debt Management Plan (DMP) is a debt solution suitable for UK individuals struggling with repayments. It involves consolidating debts into one affordable monthly payment. While it offers benefits like reduced stress and simplified payments, there are drawbacks to consider. Credit scores may be affected, and interest rates could still apply. Seeking professional debt advice is crucial to explore this option without pressure.

Check if you qualify

How does it work?

Let’s say you owe…

Debt Type	Amount
Bank Loan	£5,366.00
Gas Bills	£129.00
Pay Day Loan	£1,989.00
Overdraft	£1,234.68
Debt Collection Agency	£380.16
Short Term Loan	£243.88
Debt Collection Agency	£471.61
Council Debt	£1,009.24
Credit Card	£8,433.00

Total amount owed

£19,256.57

After an IVA

65%
debt written off

IVA Payments
£110
per month

Check if you qualify

Example case completed in 2023. Repayment calculated using income and expenditure data. Monthly payments and write off percentages are based on individual circumstances.

Free Debt Help Cardiff in Cardiff offers tailored debt solutions including Bankruptcy, DMPs, DROs, and IVAs. Get professional advice for managing debts effectively.