Getting Out of Debt

Find your path to financial freedom with strategies for managing debt, negotiating with creditors, consolidation options and rebuilding your credit.

Advice On The Snowball Method For Getting Out of Debt

Pay off your debts faster by tackling them smallest to largest with the snowball method.

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 the stress of 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.