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Debt calculator examples of savings

Friday, July 02, 2010

We offer a debt calculator (above) which can show you examples of how you could solve your debt problems via an IVA or debt consolidation loan (subject to status). Here are a few examples (all assuming you owe 3 companies or more):

Amount owed: £15,000. IVA – write off £10,500 leaving £4,500 to pay OR Debt consolidation loan – £236 per month.

Amount owed: £20,000. IVA – write off £14,000 leaving £6,000 to pay OR Debt consolidation loan – £315 per month.

Amount owed: £25,000. IVA – write off £17,500 leaving £7,500 to pay OR Debt consolidation loan - £394 per month.

These figures are for indication only and are subject to status. Debt consolidation quotes based on 8.9% APR over 10 years. Actual figures will vary. To get a confirmed quotation complete our online debt enquiry form or give us a call.

At IVA Debt Problem we offer a range of debt solutions including debt management. We are currently working on our debt calculator to include debt management figures but in the meantime contact us for a free quotation.

Categories: Debt