News and tips on tackling debt, living on a debt plan and other debt matters
How will starting a debt solution impact your credit score?
Posted 05 March 2018 by Christine Walsh
Starting a debt solution might be the right way for you to take control of your debts, but the knock-on effect could be a badly damaged credit score, right? Come to think of it, if you go on a debt solution, could it stop you from ever borrowing again?
Do I have to tell my partner if I’m entering into an IVA?
Posted 09 March 2016 by Christine Walsh
If you’re considering starting an IVA you might be undecided about whether to tell your partner or not. Our blog will explain all and help you make your decision.
Can I take a payment holiday during my debt management plan?
Posted 28 February 2016 by Christine Walsh
Learn what a payment holiday is in our helpful blog.
Will a debt management plan affect my tax credits?
Posted 08 February 2016 by Christine Walsh
You will need to include tax credits and any other government benefits you receive when you are working out how much you can afford to pay towards a debt management plan. However, your eligibility for these benefits will not be affected.
Can I lose my savings or bank account if I enter into an IVA or become bankrupt?
Posted 06 January 2016 by Christine Walsh
Are you thinking of entering into an IVA or bankruptcy? It’s best to look at all the details, read our guide on how these debt solutions could affect your savings and bank accounts.
To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.