At My Debt Plan, we understand the challenges of managing multiple debts and juggling various payments. Our debt consolidation loans offer a practical solution to simplify your financial commitments. Let’s explore the ins and outs of debt consolidation loans and how My Debt Plan can help you take control of your finances.
A debt consolidation loan is a strategic approach to consolidating multiple debts into a single, manageable payment. Whether you’re grappling with credit cards, store cards, or personal loans, our tailored consolidation loans provide a viable pathway to financial stability.
A debt consolidation loan streamlines your repayment process by consolidating all your debts into one convenient monthly payment. This means it’s easier to manage multiple payments and interest rates and your debt repayment journey is simplified and structured for success.
To begin your journey towards debt consolidation with My Debt Plan, simply reach out to our team for a personalized consultation. We’ll assess your financial situation, discuss your options, and guide you through the application process with ease.
At My Debt Plan, we prioritize your financial well-being and provide expert advice to help you make informed decisions. Whether you’re considering a debt consolidation loan or exploring alternative solutions, our experienced advisers are here to support you every step of the way.
A debt consolidation loan, can simplify your debt repayment journey. Explore our tailored solutions, connect with our team, and take the first step towards a brighter financial future today
Lucy Novo Deakin is a licensed insolvency practitioner in the UK by the Insolvency Practitioners Association (IPA).
My Debt Plan Ltd provides insolvency solutions to individuals, specialising in IVA’s. All advice given is provided in reasonable contemplation of an insolvency appointment. Where you are not suitable for an IVA, we may refer you to one of our trusted partners who specialise on alternative solutions, and as such we will receive payment for the introduction if you enter into a debt solution with one of our partner companies.
Registered address 2nd Floor Blenheim Court, Cheadle, Cheshire, England, SK8 2JY Company Registered in England and Wales Number 10992838 Data Protection ZB284067.
To find out more about managing your money and getting free advice, visit Money Helper, an independent service set up to help people manage their money.
*Our advice on your options is always free. We will always notify you if a solution you choose has any cost.
**Of 2,381 IVA cases approved between January-December 2023, the average expected write off assuming successful completion is 74%.
A debt write off amount between 25% and 75% is realistic, however, the debt write off amount will differ for each customer upon their individual financial circumstances and is subject to approval of their creditors. Any remaining qualifying unsecured debt in your IVA will be written off, however some unsecured debts will be excluded, such as court fines, child maintenance and student loans, therefore you will need to continue paying these both during and after the IVA.