We have helped over 120,000 people resolve their debt problems!
Call: 0808 301 9743
0808 301 9743
Mon-Thur 9am-8pm, Fri 9am-6pm, Sat-Sun 9am-5pm
The Government introduced schemes, offering help for people living in the UK who cannot keep up with their debt repayments. It has been declared that you should only pay back what is reasonably affordable per month.
Government Legislation schemes are helping thousands of people across the UK. An IVA or similar debt solution will help people pay off their debts with peace of mind.
IVA's were first launched and approved by parliament in 1986 to help people that were struggling with an alternative to going bankrupt, making it easier for people to meet their living expenses on a priority basis and then taking care of their debt repayments.
IVA's are now the most popular formal solution to clear debt. They are designed to make repayments more manageable and affordable. These schemes must be set up by a registered Insolvency Practitioner (IP) who will split your payments on pro rata basis between your lenders.
The arrangement is put together to prevent any additional interest and charges being added to your existing debt, meaning lenders can't change their mind! An IVA will normally last 60 months, and during this period you will be expected to make one affordable payment each month towards your debt. At the end of 5 years any debt that remains will be legally written off!
To ensure what you qualify for, please fill in the form above.
The debt solution that will be given to you will vary depending on your situation and circumstances. The most common solutions for people in debt are the following:
Complete the Debt Test to get confidential advice now
Here is an example of how we could make your debts more affordable
Let’s say you owe:
Bank Loan £6000
Payday Loan £3000
Credit card £2000
Store Card £500
Overdraft £1,000
Catalogue £500
Total Owed: £13,000
Approx Current Monthly Payments: £475
NEW MONTHLY PAYMENTS: £150
Reduces monthly payments, stops pressure from lenders enabling you to also write off some of your debt
More info
Stops all hassle from lenders but this should only be considered as a very last option
More info
Consolidates all debts into one affordable monthly repayment, making it easier for you to handle.
More infoWe’ve helped thousands of people take control of their finances
"I would like to thank Changing Steps for everything. I am now able to continue with my life without the worry and fear that I had everyday in the back of my head! I am so pleased that I came across this website and I would personally like to thank Helen who helped me manage this when I thought there was no where to turn!"
Mr Peters on Aug 2019.
"I was struggling so much to keep up with my repayments! Everything was getting on top of me and it was even putting a huge strain on my relationship! I am now in total control thanks to you. My husband and I are so much happier now in our relationship too! Thank you from the bottom of my heart!"
Miss Field on Sept 2019.
Changing Steps UK | All Rights Reserved.
Free and Impartial Debt Advice is Also Available From: Money Advice Service
Changing Steps UK is an independent marketing website which acts as an introducer to 'whole of market' companies who offer specialist Independent Financial Advice.
Changing Steps UK are not authorised to give advice and we are not liable for any financial advice provided by, or obtained through a third party. The information published on this website is for information purposes only.
Our service is 100% free to use and you are under no obligation to accept any debt solution offered from them.
All debt solutions should be very carefully considered. Changingsteps.co.uk is free to use but if you enter an Individual Voluntary Arrangement (IVA) or Debt Management Plan with one of our authorised brokers, then fees will apply and these are made clear by their advisors or in the documentation you receive. By entering into a debt solution may place you further into arrears. You have the right to a cooling off period of 14 days.
Disclaimer: Results may vary from person to person so please speak to an advisor who will go through all of your options.
