16th September 2009
An IVA is a legally binding agreement that can help borrowers write off the unsecured debt they can't realistically hope to repay in a reasonable time.
It's an arrangement between them and their unsecured lenders: if they can agree on terms, the borro...
10th September 2009
IVAs (Individual Voluntary Arrangements) are legally binding financial agreements, usually lasting five years, that help people clear unsecured debts which they can't afford to repay within a reasonable amount of time.
Basically, if the IVA goes ahead,...
01st September 2009
As with any form of credit, debt consolidation loans may well be harder and/or more expensive to obtain during a credit crunch - particularly for people who have a poor credit rating - as lenders are being more careful with their money.
So why might yo...
24th August 2009
An IVA (Individual Voluntary Arrangement) is a formal, legally binding financial agreement designed to help people with high levels of unsecured debt who can't afford to repay it - but who can (in most cases) commit to making reduced monthly payments on a...
15th August 2009
Being in debt can be a stressful experience for anyone - keeping up with repayments can be difficult and debts can easily become unmanageable.
If you are finding your debts difficult to manage, you may or may not know that there is debt advice availab...
