Very Catalogue Debt Help
Is your Very account starting to cause financial stress? You’re not alone. Whether it’s interest charges, missed payments or collection letters, PennyPlan offers simple, confidential advice to help you find a way forward.
- Write off 75%* of unaffordable debt
- One lower monthly payment
- Stop creditor hassle and bailiffs
- Access mental well-being services
Your credit rating may be affected if you opt for a debt solution.
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100% FREE ADVICE
Get information today on your available options
Is Your Very Balance Becoming Harder To Manage?
Very offers flexible catalogue credit, but if interest starts to build or payments are missed, your balance can grow quickly. What feels manageable at first can become difficult to control , particularly if you’re juggling other expenses.
Some people keep paying the minimum and never see the balance drop. Others fall behind and start receiving reminders. If your Very account is adding to financial stress, there are ways to take the pressure off and we’re here to help you explore them.
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What Happens If You Don’t Pay Very Catalogue Debt?
Missing payments to Very can lead to late fees, increased interest, and a growing balance that’s harder to clear. You might receive reminder letters or phone calls, and if the debt continues unpaid, your account could be passed to a debt collection agency.
In some cases, legal action is possible, such as a County Court Judgment (CCJ), which can affect your credit rating and borrowing ability. Taking action early can help you avoid these outcomes and reduce the pressure before it builds.
We Help With Most Debts - Not Just Very!
*Mortgage debt can be included if you no longer own the property in question.
- Credit Cards
- Loans
- Overdrafts
- Store Cards
- Mortgages*
- Catalogues
- Council Tax
- Benefit Debts
- Utility Bills
- Payday Loans
Example Of An IVA
UNSECURED DEBTS
Your Monthly Repayments:
Find out for FREE what debt help is available to you
Subject to creditor acceptance. Payment subject to individual circumstances.
Credit Rating may be affected. Fees apply, subject to individuals circumstances.
Reasons To Choose PennyPlan
- Stop all interest & charges
- Write off debt
- Access well-being services
- Reduce monthly payments
What Support Is Available For Very Debt?
It’s not always easy to see when catalogue credit becomes unmanageable. But if your Very payments are adding to financial pressure each month, there are formal solutions that could help ease the strain.
Depending on your situation, you could be eligible for a Debt Management Plan (DMP), an Individual Voluntary Arrangement (IVA), or a Debt Relief Order (DRO). These solutions are designed to reduce your monthly payments, stop creditor contact, and give you a clearer path forward.
Could A Very Debt Solution Work For You?
Understanding the options available to deal with your Very debt is the first step toward taking back control. Our goal is to help you find a manageable way to reduce the pressure and move forward with confidence.
What works best will depend on your circumstances, which is why one of our specialist advisers will take the time to talk it through with you and explain the routes available.
IVA
Individual Voluntary Arrangement
An IVA consolidates your debts into one affordable plan, with some Very catalogue debts potentially written off.
DMP
Debt Management Plan
A repayment plan that combines debts into one monthly payment. Interest can be reduced or frozen, helping ease financial pressure
DRO
Debt Relief Order
A debt reduction programme for those on low income. Certain debts can be cleared, with no ongoing payments required during the DRO.
Find Out For FREE What Debt Help Is Available To You
Get Help With Very Catalogue Debt Today
We’ve helped people across the UK take control of their debts and get their lives back on track. Our trained advisers will assess your individual situation and guide you towards the best way to manage and resolve your finances.
Do I Qualify
For an IVA?
100% FREE ADVICE
Get information today on your available options
Get Support With Very Catalogue Debt
If your Very balance is building up and you’re not sure what to do, now could be the right time to explore your options. You don’t need to wait until things get worse, and you don’t have to deal with it alone.
PennyPlan offers clear, confidential support based on your personal situation. We’ll explain your options and help you take the next step at your own pace.
Start to take control and get in touch today.
- One lower monthly payment
- Write off 75%* of unaffordable debt
- Freeze interest & charges
- Stop legal action including bailiffs
- Receive FREE well-being sessions
Can Very Debt Be Included In An IVA Or DMP?
If you’re struggling with your Very catalogue balance, the good news is that it can often be included in formal debt solutions like a Debt Management Plan (DMP) or an Individual Voluntary Arrangement (IVA).
Both options are designed to make repayments more manageable by combining your unsecured debts into one monthly payment. You’ll deal with your creditors through a single plan, based on what you can realistically afford.
Whether Very is your main concern or one of several accounts you’re finding hard to manage, we’ll help you understand your options and choose a path that fits your situation.
Tackle Your Debt And Your Mental Health In One Place
Our team are committed to getting your finances and well-being back in top condition
Apply for our eligibility check
Find out if you match the minimum criteria we require to enter you into one of our IVA plans
Speak to our debt specialists
Speak to our friendly debt specialists, who will explain all the options available to you.
Choose your debt solution
Now you have all the options available, you can make an informed decision that is right for you and your family.
Do I Qualify
For an IVA?
What Our Customers Say About Us
Maria
3 days ago
PennyPlan were extremely professional and genuinely caring, I am very happy that I made the call and now have a plan in place and peace of mind. From the first contact to the signing of the agreement it was straight forward and simple plus the staff really are exceptional in the way they listen and understand’ I couldn’t have asked for a better company.
Emily
4 days ago
For over a decade I have kept my money worries to my self away from friends and family one phone call with Leah and I had laid it all bare without a second thought nothing shocked her and nothing wasn’t sortable I’m forever grateful I stumbled across this company and no longer have to worry about money on my own. Highly recommend!!
Daniel
4 days ago
PennyPlan offered insightful, professional and empathetic support throughout my insolvency. Declan in particular was friendly, personable and knowledgeable, and a massive help throughout the process. They offer a no pressure service and allow you to make the best decision for yourself. I highly recommend these guys for anyone struggling with debt.
Mark
1 week ago
I was hesitant in applying for an IVA, But my mind was put at ease on the first call. The whole process was explained to me with complete care and understanding and I didn’t feel judged at all. Since being accepted for the IVA my mental health has improved so much and I now don’t worry about how I am going to put food on the table each week.
Very Catalogue Debt FAQs
Yes. If your account goes unpaid for a period of time, Very may hand it over to a third-party debt collection agency. You’ll usually receive warning letters or emails first, but if you’re unsure what to do, getting early advice can help you stay in control.
Yes, it can. Late or missed payments are likely to be recorded on your credit file. If the debt remains unpaid, it could lead to defaults or legal action, both of which may impact your ability to borrow in the future.
In some cases, yes. If the balance continues to go unpaid and no repayment plan is in place, legal action such as a County Court Judgment (CCJ) could be taken. This can be avoided by acting early and finding a way to manage the debt.
Depending on your situation, it might be possible. Some people qualify for debt solutions like an IVA or a Debt Relief Order (DRO), which can lead to part or sometimes all — of their Very debt being written off after a set period.
Yes. Very catalogue debt is usually unsecured, which means it can often be included in a Debt Management Plan or Individual Voluntary Arrangement. These solutions help you deal with multiple debts through one affordable monthly payment.
