ONE AFFORDABLE monthly payment, REDUCE your monthly outgoings and relieve the stress of juggling your finances*.
All unsecured debt CLEARED FULLY even if you pay LESS THAN YOU OWE. Prevents / stops legal action including bankruptcy and protects your home**.
A consolidation loan is a way of restructuring your finances and reducing your monthly outgoings by consolidating your debt into one manageable monthly payment.
* Rescheduling debt over a longer term may affect your credit record and may lead to an increase in the total sum to be repaid.
** An IVA may affect your credit rating for up to 6 years and a fee may be applicable depending on suitability and qualification.
For homeowners, you may be required to re-value your property and seek a remortgage in year 4 releasing equity where achievable to
contribute towards your outstanding debt.
IVAs are managed by Churchwood Financial (Management) Limited trading as Kingsgate Insolvency, a member of the Churchwood Finance Group.