Credit Repair

We can help you come to terms with and deal with your finances. We can recommend the best solution that is tailored to your individuals needs. Here is how we can help...

Debt Management Plans

A Debt Management Plan is tailored to help an individual make reduced repayments to their creditors over a number of years. Repayments are based on what is affordable to the client after income and expenditure have been calculated.

Ideally suited for debts between £5000 - £15000
Relatively easy to set up
Fees & Interest may continue from creditors
Allows reduced payments to be made over a number of years

Individual Voluntary Arrangement (IVA)

Ideally suited for debts over £15000
Write off up to 75% of the overall debts
Debt free within 3 - 60 months
Safeguards House & Car and avoid the consequences of bankruptcy

Monthly Contribution IVA
This is where the individual offers monthly voluntary contribution payments for a period of up to five years. The amount that is offered is whatever the individual can reasonably afford, can be as little as £250 per month and will usually be substantially less than the debt repayments that were previously being paid. At the end of the five year period the IVA is concluded and the remainder of the creditors debts are written off.

Lump Sum IVA
An alternative to a voluntary contribution IVA, the lump sum IVA involves the payment of a one off lump sum in full settlement of the debts. Such a proposal may be suitable where a family member is prepared to make a one off payment that generates a higher dividend than if monthly payments were made or where there is equity in a property that can be re-mortgaged. A lump sum IVA may be attractive to creditors, as it will enable them to be paid in a matter of months rather than waiting for up to five years.

GET YOUR CREDIT REPORT

A late payment, fraud or a clerical error can easily damage your credit status and lead to lenders refusing you credit.

Credit Expert helps you to manage what’s on your credit report and could save you money when you apply for a loan, mortgage or credit card. Join over 14 million people worldwide who have viewed their free online Experian credit report to better understand and manage their credit status.

Take your free 30-day trial now and receive:

unlimited online access to your Experian credit report
the opportunity to review your credit history before you apply for credit
e-mail or text alerts for early identity fraud detection
free phone advice from credit reference specialists
credit tips and tools to help you manage your finances
the option to order your National Credit Score
identity theft assistance and resolution

CreditExpert from Experian ®:
CreditExpert is the online credit monitoring and identity fraud protection service from Experian, a leading UK credit reference agency.

Lenders see your credit report when they decide whether to give you a loan, mortgage or credit card. You should check it regularly to ensure it is up to date and reflects your credit track record accurately, so you can make better-informed decisions when you apply for credit and are more likely to get the deals you want.

How CreditExpert works:
You should know as much about yourself as any financial institution does. CreditExpert shows you what a lender sees - and more. Every time you apply for credit or a loan, that request is recorded. Multiple requests can look as if you are over-extending yourself or a fraud is being committed. If you are looking for a good credit deal or mortgage, CreditExpert allows you to check your report to ensure that it accurately reflects your position. CreditExpert allows you to do this online, any time and as often as you want. Experian helps you to challenge anything with which you disagree.

CreditExpert also saves you time and trouble if you become a victim of identity fraud. Experian has found that it takes, on average, more than a year to discover an identity fraud and over 400 hours to clear your name. CreditExpert's weekly alerts mean that you quickly learn about any changes to your Experian credit report. Experian's Victims of Fraud team will help you to resolve any problems.