Getting Out of Debt
Strategies for reducing and eliminating debt through various methods and solutions. Articles cover consolidation, payment methods, remortgaging, bankruptcy alternatives, and formal arrangements like IVAs.
Advice on the Snowball Method for Getting Out of Debt
Pay off debts faster using the snowball method, a practical approach that tackles multiple bills strategically.
Advice on Using Debt Consolidation to Get Out of Debt
Debt consolidation can help simplify multiple payments into one, but it's not a quick fix for everyone dealing with debt.
Bankruptcy and the Alternatives
If you're drowning in debt, bankruptcy isn't your only option and comes with serious consequences you should understand first.
Considerations Before Remortgaging to Get Out of Debt
Weigh up whether remortgaging to pay off debt makes sense for your situation and what pitfalls to watch out for.
Five Ways an IVA Can Help You
An IVA can help you avoid bankruptcy, keep your assets and reduce financial stress while managing overwhelming debt.
Renegotiating Your Loans
Renegotiating your loan can lower your interest rate or adjust repayment terms when your finances or the market changes.
The Causes of a Poor Credit Rating
Missed payments, defaults and high debt levels are the main reasons you end up with a poor credit rating that costs you more to borrow.
The Credit Card Shuffle
Lower your credit card interest rates without repeatedly applying for new cards using the Credit Card Shuffle method.
When All Else Fails
What happens to your house and credit when you file for bankruptcy, and what other options exist when debt spirals out of control.