what is the difference between an iva and a debt consolidation,and how does this effect your credit score?

__________________
Web Services By Yahoo

Basically if you're over £15,000 in debt you qualify from help with you're problem i don't know where you could obtain the information other than citizens advice bureau and they are very good at sorting this kind of problem out and its free ,i went through a similar problem so i know how you feel ,some consolidation company's charge a fee for administrating your account which some creditors will not accept ,so talk to them first and don't bury your head in the sand keep in contact with the people you owe money to and let them know what you're doing ,set yourself a budget and keep records of every thing you spend or save this will help you in future .
you're credit score will go pear shaped if you fail to repay your debts its a long road be strong good luck

__________________
Web Services By Yahoo

Why don't you post your problem on the following forum? :http://forums.moneysavingexpert.com/forumdisplay.html?f=76
This is an excellent site and I am sure someone will be able to help you.

__________________
Web Services By Yahoo

This is not the best place for advice. I suggest that you go to the Citizens advice Bureau and get face to face free advice.

They are the best at this.

__________________
Web Services By Yahoo

Think very carefully before doing this.
My boyfriend owed £30,000 in debt, we went to a financial adviser and he said the best thing to do would be to pay it off. IVA and Bankrupcy will serverely affect your credit rating which could result you not being able to get a bank account, mortgage, etc.
This was three and a half years ago, we have since been busy paying off one large loan and only have 18months left until we are completly debt free (except my mortage of course). We are so glad that we had this advise as we know we wont have any trouble getting a new house and mortgage together.
You should be able to get FREE financial advise from your local financial advisor, check before hand though.

__________________
Web Services By Yahoo

nice information.... thank you.......

__________________
Debt Consolidation

I agree...you should talk face to face with an expert on this situation!

__________________
Looking for debt counseling help to pay off student loans.

Perhaps talk to the Citizens Advice, CCCS and a few professional debt advisers.

Also do plenty of online research. Try these articles on our site (they are just a starting point - there's lot's of advice out there):

60 Second Guide to IVAs
http://www.debtadvisersdirect.co.uk/...de-to-ivas.asp

Debt Management and Debt Consolidation- what`s the difference?
http://www.debtadvisersdirect.co.uk/...solidation.asp


Hope this helps