Welcome to Creditfix
You’re on your way to:
- Writing off debt you can't afford
- Stopping pressure from people you owe money to
- Reducing debts to one affordable monthly payment
First, you'll have a consultation call with a compliance officer, known as a consultation call.
You're almost there!
You're well on the way to a future free of money worries and we’ll guide you through the last few steps! Creditfix are rated 4.8/5 on Trustpilot and have helped more than 160,000 people out of debt, so you know you’re in safe hands.
Everything you need to know before your consultation call
To make sure you understand all the options available to you before your SIP3 call, it’s important you watch this video.
What to expect from your consultation call
To understand your circumstances better, we’ll talk through the following on the SIP3 call:
Your circumstances
This is a great opportunity for your adviser to learn more about you and your lifestyle.
Your financial history
Information on your income, expenditure, and previous debt will help your adviser build your application.
Your debt relief options
Your adviser will confirm whether an IVA is best for you, or run you through the alternatives.
Next steps
You will have the chance to ask questions, and your adviser will outline what comes next.
Frequently asked questions.
Need a little more information? Don’t worry. Here we take a look at the most common questions surrounding debt help and the services we offer.
When your debt solution is all set up, the fees to cover our costs 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.
You may be asked to switch bank accounts if you’re already in debt to your existing bank. Switching is 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.
Formal debt arrangements are 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 arrangement is approved, your creditors are still allowed to contact you. Once your arrangement takes effect, you’ll be legally protected from creditors getting in touch – and we’ll contact them on your behalf to let them know.
Debt solutions vary in length: An IVA typically takes 5-6 years to complete, while bankruptcy can be completed in 12 months. When you consider that the average credit card debt takes 26 years and 7 months to pay off (making just the minimum payments), you’ll understand why a debt arrangement 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.
Why choose us?
Whatever you need, Creditfix will help you succeed.