Below we have outlined the most common questions asked about debt.
Please click on a question to get the relevant answer.

Is my credit rating going to be affected?
I am being threatened with court action, what can I do?
Can I go to prison for debt?
Will I lose my house?
What is consolidating debt?
What is an IVA?
What are debt management services?
What is bankruptcy and when should I declare it?
Will I be able to get a mortgage or credit in the future?

Will I be able to get a mortgage or credit in the future?

The availability of loans will decrease for you as soon as you start failing to make repayments. You may be turned away by credit card companies and banks, but there are specialist loans available to people with a bad credit history. These loans usually come with a higher rate and stricter terms but, if managed carefully and repaid on time, will enable you to rebuild your credit rating.