Debts in the News
Latest debt statistics published
New figures regarding personal debt levels in the UK have been published, revealing that - at the end of December last year - the amount stood at £1.46 billion. [more...]

Homeowner loans 'may rise' in 2010
The number of people seeking homeowner loans may rise this year, as research has revealed that many believe house prices will decrease no further. [more...]

Parents concerned about children's debt levels, survey shows
The majority of parents in the UK are concerned that their children will fall into debt in later life. [more...]

Student debt fears deterring applications?
Children from middle-class families appear to be being put off from applying to university because of hikes in tuition fees, suggesting that debt fears may be a factor. [more...]

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Debt consolidation Loans - Consolidate debts to reduce outgoings


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Free IVA Debt Help

An IVA is legal process for those with unaffordable unsecured debts over £15,000.

IVAs are formal agreements between you and your creditors whereby you repay what you can afford, usually over 5 years. After which, the outstanding debt is written off. An IVA can achieve all of the following:-

  • An IVA Enables up to 70% of debt to be written off.
    You payback what is affordable after taking into account your personal situation.
  • An IVA Shortens repayment period.
    In 60 months you will be debt free, Guaranteed. This is dependant on approval of 75% (by value of the debt) of your creditors, and provided you maintain the payment schedule.
  • An IVA Stops interest and charges.
    Your debts will not increase and interest will be frozen.
  • An IVA Stops creditor harassment
    Stops creditors and debt collectors from chasing you.
  • An IVA Stop court action.
    An IVA can stop bankruptcy proceedings and bailiffs.

More about IVAs »

Free Debt Management Help

Debt Management can reduce your monthly repayments by up to 70%. All existing credit cards, loans and other problem debts are consolidated into one lower monthly payment.

Abacus are one the UK's leading Debt Management Companies.

Benefits of debt management:-

  • Affordable Payments
    Payment levels are based on what you can afford, not how much you owe. If you can afford to pay £100 per month towards your debts the a debt management company can help you.
  • One Monthly Payment.
    Less hassle for you. You make one affordable payment to us and we make payments to your creditors.
  • We deal with your creditors.
    Getting fan mail and phone calls from your creditors and debt collection agencies? Forward and refers these to us - we'll deal with it.
  • Flexibility.
    If your financial situation changes - you may lower or raise your debt management plan payments accordingly.
  • No more late payment charges.
    You payments will now be made on time. We may be able to arrange to have future interest charges lowered - or even frozen.

More about Debt Management Programmes »

Unsecured Debt Consolidation Loans

Refused a Loan? We can help you find a secured or unsecured debt consolidation loan. Even if you have bad credit, a County Court Judgment (CCJ) or have bad credit and been declined a loan already, we can help. We specialise in Debt Consolidation solutions of all types, offering free advice as to your best option. more »

Remortgage's & Repossession Help.

Abacus have vast experience in managing to stop home repossessions, even those on the very brink of personal disaster. We can help if you are a homeowner with mortgage arrears, council tenant or with a housing association. It's never too late to get help. more »

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