Affordable debt repayments built around what you can afford
So, what is Debt Consolidation? Well, Debt Consolidation basically means rolling all of your debts into one, easier to manage monthly repayment. This is great for people who are struggling with repayments, or who find it hard to juggle a number of bills leaving their account at various times of the month.
We’ll take care of all the arrangements for you – taking full control of your debts.
We’ll talk to your lenders, organise a lower, more affordable repayment plan for you and even distribute payment to your lenders every month – making it much simpler for you.
Is Debt Consolidation a loan?
No – Debt Consolidation is not a loan. Our aim is to help you find an affordable way to get out of debt without taking out additional credit.
This means you’re working towards paying off what you already owe without adding to your debt problems.
- Affordable monthly pay plan
- No need to take out additional credit
- Cut pressure from lenders
- Clear unsecured debts on successful completion
What Debt Consolidation will do for you
Our monthly pay plans are built around what you can afford to repay after bills like rent / mortgage, utilities and food have been taken into consideration.
We offer debt consolidation through a Debt Management Plan, IVA or Protected Trust Deed depending on your financial situation.
We will carry out a financial review to find out which debt solution would suit you best.
If you qualify for Debt Consolidation through an IVA or a Protected Trust Deed, interest and charges will be frozen. If you qualify for a Debt Management Plan (DMP), we will do all we can to make sure your lenders do the same – which we have been able to do in 88% of debts managed through a Debt Management Plan.
If you get stressed out by lenders contacting you, then you no longer need to worry about it with Debt Consolidation.
Whether you resolve your debts through an IVA or a Debt Management Plan, you will no longer have to speak to your lenders as they’ll contact us instead.
You don’t need to face debt problems alone ever again when you’ve got Baines & Ernst on your side.
Help and support is only ever a phone call away, so if you have a question, simply pick up the phone to get the answers and reassurance you need.
- Fees & key info
At Baines & Ernst, we help people beat debt by offering the highest standard of service, expert debt advice and affordable solutions. Our fees depend on your personal circumstances, and we’re always honest and upfront about these costs when we know more about your situation. Click here to learn more about our fee structure for all of our services.