Struggling with Personal Loan Debt?

Many people in the UK have personal loans that are difficult to manage. High interest, long terms, and fixed repayments can create stress — especially when circumstances change.

What Are the Risks of Personal Loan Debt?

• Falling behind on payments can damage your credit score
• Lenders may add charges or send your account to collections
• Missed payments could result in legal action or court judgments

What If I Can’t Afford the Monthly Repayment?

If you’re struggling to keep up, don’t wait. You may qualify for a solution like an IVA or DMP that lowers your payments and can stop interest and creditor contact.

Can I Write Off Some of My Loan Debt?

Yes. If you qualify for an IVA, a portion of your debt may be written off after a fixed term — usually 5 years. You’ll only pay what’s affordable based on your income.

Is There Help If I Have More Than One Loan?

Absolutely. Most clients have multiple debts — loans, credit cards, overdrafts. These can be combined into one monthly payment using a formal plan.

Will My Lender Keep Chasing Me?

When you enter a supported plan like an IVA, legal action and contact from lenders stops. We deal with creditors for you.