Ready to pick up where you left off?
- Write off up to 75% of unsecured debts.
- Stop the interest. Stop the charges.
- End contact from creditors.
- Start enjoying life again.
What can we help you with?
Changing your bank account
Find out moreHow to return your proposal
Find out moreChecking your affordability
Find out moreUnderstanding your proposal
Find out moreFrequently asked questions.
Need more info? Here are a few of our most frequently asked questions on this topic. If you don’t see the answer you’re looking for here, give us a ring – we’d love to help.
When your debt solution’s all set up, the fees to cover your IVA will be taken from the monthly amount you pay to your creditors. Don’t worry – that fee is included in the monthly amount that’s been proposed. Everything’s covered by that figure, and we won’t take any money from you upfront.
If you’ve been asked to switch bank account, it could be because you’re already in debt to your existing bank, and it’s often the easiest way to prevent your creditors taking money while we get your proposal underway. Setting up a new account doesn’t have to be a hassle – with some accounts, you can organise the switch in a matter of minutes.
An IVA is designed to help you budget your income and get out of debt, for good. Taking out more credit will only set you back – and we want to give you every chance to stick to the plan.
Until you sign your proposal and your IVA is approved your creditors are still allowed to contact you. Once your IVA is in place, you’ll be legally protected from them getting in touch – and we’ll contact them on your behalf to let them know.
A typical IVA takes 5-6 years to complete. When you consider that the average credit card debt takes 26 years 7 months to pay off (making just the minimum payments), you’ll see why an IVA can be a lifeline for those who want to get out of debt sooner rather than later.
If a friend or family member has offered to pay off your debt for you, we can still help. We’ll set up what’s called a ‘full and final meeting’ on your behalf. This will allow you to pay a lump sum to all your creditors, and write off the rest.
Still doing your research?
6 IVA myths holding you back
When was the last time you were open about your finances? If you’re like most of us, you probably haven’t ever painted a picture of your financial situation for your friends and family. And that’s understandable. We’re often taught from a young age that money is personal and only to be discussed on a need-to-know […]
Find out moreTen reasons to get an IVA
Making a formal debt arrangement can lift a huge load off your shoulders, free you from creditor pressure and help you make a fresh start. At Creditfix, we help tens of thousands of people every year make the journey out of debt – and transform their lives. And we’re there every step of the way […]
Find out moreLet's get back on track.
Whatever you need help with, we’re here to get you seamlessly to the next step.
Life looks better out of debt.
Read stories from Creditfix customers who chose an IVA… and how it changed their lives for the better.
"My life’s changed so much because I don’t have people harassing me for money, I don’t have bailiffs contacting me, I don’t really get letters through the door and the phone calls have stopped."
"I can buy food and choose the food I’d like to eat, you know, instead of beans on toast. My personal life has benefited as a result of that, as well."
Don’t just take it from us.
Our customers put it best. With thousands of positive reviews and an overall rating of Excellent on Trustpilot, you can trust we’ll put you on the right path.