There are many companies that offer debt help and advice however a lot of them charge for their services! These types of debt management and IVA companies in my personnel opion you should steer clear off. If you are looking for debt advice you can get free debt help from my companies within the United Kingdom. A few examples of these are the CCCS, Payplan or MD&C. Companies like these will offer you free debt help and advice on the best course of action depending on your circumstances. They will take you through an income and expenditure to ascertain what you can afford each month based on your income and outgoings. The free debt help they offer, depending on which company you speak to, isn't always 'completely free'. Most companies will offer free debt help and advice however will then charge you a fee to sign up with them, this is usually the first 2 months payments then an ongoing management fee per month this will come out of your monthly payment (usually 17.5%). Free debt help is the best form of sorting out your finances and going down the debt management or IVA route can be not only a weight of your mind but a quick and easy way of becoming debt free.
Remortgage is also another way of becoming debt free and remortgage companies will also offer you free debt help. If you have equity if your property and need to consolidate your finances to reduce your outgoings then a remortgage or secured loan maybe a cheaper and less stressful way of reducing your finances. Again free debt help is available from remortgage companies however they again may charge fees.
Free debt help is only free when you are not paying any firm or organisation to deal with your debts. Unfortunately there are not many companies that offer completely free debt help or advice. They best option when looking for help with your finances is to look at the whole market, get as much information as possible and then make an informed decision. Remember if you are worried about your debts and you just want to get free debt help and get them sorted speak to a qualified financial advisor and make you own mind up on what is right for you. Although you have debt you always have options so don't feel pressured to go with one company until you are completely satisfied with how they are and what they do.
