There are lots of different factors to consider when giving the best debt advice, including how much you owe and to how many creditors, whether you own a home, what type of debt it is (eg. secured or unsecured) and much more.
We have tried to lay out in the most clear and concise manner when each kind of debt solution is most appropriate, what the advantages and disadvantages are, and how they work. We strongly recommend that you contact our experienced Debt Counsellors for expert debt advice before you make any decisions though, it's a free service and you can get in touch for free as well!
We have tried to lay out in the most clear and concise manner when each kind of debt solution is most appropriate, what the advantages and disadvantages are, and how they work. We strongly recommend that you contact our experienced Debt Counsellors for expert debt advice before you make any decisions though, it's a free service and you can get in touch for free as well!
Debt Advice 
The debt solutions that are
available include:
available include:
About Us
DebtAdvice.net was founded with the intention of providing free debt advice to people with serious debt problems.We are able to help lots of people every day, finding debt solutions for each individual circumstance.
On this site you will find detailed a number of different debt solutions and you are welcome to check them over to see which would be most appropriate for your situation.
It's recommended that you do get in touch so our debt counsellors can help you find the best answer to your debt problems.
We have also provided information on money management and budgeting in order to help you to make the most of your income. We also provide free budgeting advice.
ADVICE
Free Debt Advice
The advice that we provide is completely free. As you can see however, there are fees involved for some of the debt solutions that we provide, but there is no obligation to use any of these services. You are perfectly welcome to contact us for expert debt advice only.
Whether you choose to use our services or not, our Debt Counsellors provide impartial advice regarding you situation. It would be no use to anyone to suggest a course of action which would not be beneficial to you.
The advice that we provide is completely free. As you can see however, there are fees involved for some of the debt solutions that we provide, but there is no obligation to use any of these services. You are perfectly welcome to contact us for expert debt advice only.
Whether you choose to use our services or not, our Debt Counsellors provide impartial advice regarding you situation. It would be no use to anyone to suggest a course of action which would not be beneficial to you.
COUNSELLING
Debt Counsellors
Our staff of Debt Counsellors are extremely experienced in providing the best debt solutions to your problems. We also understand that problems of these kinds are not cold financial matters, they can cause a lot of stress which is why our Counsellors are happy to listen to all of your problems and concerns regarding your debt.
They say that knowledge is power, it can also be a comfort when you know the options that are available to you. It doesn't matter how bad your situation may appear to be, our Counsellors are always going to be able to come up with a plan to make it better.
Our staff of Debt Counsellors are extremely experienced in providing the best debt solutions to your problems. We also understand that problems of these kinds are not cold financial matters, they can cause a lot of stress which is why our Counsellors are happy to listen to all of your problems and concerns regarding your debt.
They say that knowledge is power, it can also be a comfort when you know the options that are available to you. It doesn't matter how bad your situation may appear to be, our Counsellors are always going to be able to come up with a plan to make it better.
Contact Us
You can get in touch for free advice on debt from our Debt Counsellors. We will take you through all of your options to help you decide on the best course of action for your circumstances.
FEES
All of the fees that we charge are in line with the guidelines set out by the Debt Managers Standard Association (DEMSA), a body approved by the Office of Fair Trading.
We do not charge any upfront fees for IVAs, it will all come out of the affordable monthly payments that you will be paying to your creditors so we will not have to be paid separately.
Debt Management Plan Fees – These fees cover everything from setting up the arrangement, drawing up and handling all documentation, negotiating with your creditors and distributing all payments to your creditors. There will be an initial fee that will come out of your first two payments that cover the set up cost. This will be no more than £100. Then there will be a monthly fee that comes out of your one monthly payment which is set at a rate of 17.5%. This will be a minimum of £30 and a maximum of £100.
IVA fees – There are no upfront fees for an IVA. And as with Debt Management Plans, the fees come out of the monthly payment that goes to your creditors. The fees we receive cover the costs of setting up the arrangement, providing customer care, and distributing the payments to your creditors. This applies to the initial nominee fees which run for the first few months, and the supervisor fees which run for the course of the arrangement. There is no set amount for the fees, it depends on your financial situation and the arrangement that has been set up.
Fees for other debt solutions – There may be fees for other debt solutions that we set up, which we will inform you of on a case by case basis.
Please feel free to ask any questions you might have about our fees when you contact us for debt advice. Before going ahead with any of the debt solutions we provide you will be be given detailed information on the fees you can expect to pay.
We do not charge any upfront fees for IVAs, it will all come out of the affordable monthly payments that you will be paying to your creditors so we will not have to be paid separately.
Debt Management Plan Fees – These fees cover everything from setting up the arrangement, drawing up and handling all documentation, negotiating with your creditors and distributing all payments to your creditors. There will be an initial fee that will come out of your first two payments that cover the set up cost. This will be no more than £100. Then there will be a monthly fee that comes out of your one monthly payment which is set at a rate of 17.5%. This will be a minimum of £30 and a maximum of £100.IVA fees – There are no upfront fees for an IVA. And as with Debt Management Plans, the fees come out of the monthly payment that goes to your creditors. The fees we receive cover the costs of setting up the arrangement, providing customer care, and distributing the payments to your creditors. This applies to the initial nominee fees which run for the first few months, and the supervisor fees which run for the course of the arrangement. There is no set amount for the fees, it depends on your financial situation and the arrangement that has been set up.
Fees for other debt solutions – There may be fees for other debt solutions that we set up, which we will inform you of on a case by case basis.
Please feel free to ask any questions you might have about our fees when you contact us for debt advice. Before going ahead with any of the debt solutions we provide you will be be given detailed information on the fees you can expect to pay.