Financial advice designed to support you
Your financial situation can be a constant source of stress and concern if you have debts spread across various credit cards, loans, and other financial obligations. With several payments due each month and sometimes high-interest rates paid on credit cards, paying off debts can take years, or you could end up spending years only paying interest rather than paying off your balances.
Debt Consolidation Advice and Support
When you consolidate your loans, you take out a new loan to pay off your existing smaller debts. Multiple loans are essentially combined into a single, bigger, and more manageable debt.
When you take out a debt consolidation loan, you use the funds to pay off all of your remaining loans and concentrate on repaying this new loan for a set period. Debt consolidation loans typically have better payment terms than other types of loans, such as lower interest rates and regular payments.
Combining your debts does not make them go away; it simply makes life easier and can save you money over time.
How can we help?
Consolidating your debts is a major decision that necessitates careful consideration, analysis, and calculation. Expert advice is important for making a well-informed and financially sound decision. With a team of friendly, competent, and seasoned financial experts;
mortgagesandremortgages.com will go over your financial situation in-depth and decide the best debt restructuring strategy for you based on your specific circumstances. We take pride in delivering outstanding service and keeping our clients informed at all times throughout the process.
Debt Management and IVA Advice
If you live in England, Wales or Northern Ireland and are struggling to get by under the burden of excessive debt; there are options that can help you move on with your life and to help you to afford your monthly bills. Two of the most popular plans are Individual Voluntary Arrangements (IVAs) and Debt Management Plans (DMPs).
If you are in a Debt Management Plan and want to investigate whether an IVA or indeed some other financial solution might be more appropriate for your circumstances, then get in touch with us at mortgagesandremortgages.com for free advice and referrals.