Helping to find the right debt solution for you
Here at PennyPlan, we pride ourselves on being something completely different to the rest of the debt-help sector. Not only do we want to help you with your finances, but we want to improve your mental health too.
Do I Qualify
For an IVA?
Helping to find the right
debt solution for you
Here at PennyPlan, we pride ourselves on being something completely different to the rest of the debt-help sector. Not only do we want to help you with your finances, but we want to improve your mental health too.
Do I Qualify
For an IVA?
Understand your debt options
Our friendly team will make sure you understand all your options, so you can choose the best fit for your circumstances.
Debt Management Plan (DMP)
An informal arrangement between you and your creditors that lets you make lower monthly payments, whilst still paying the total amount of debt.
Individual Voluntary Arrangement (IVA)
A formal agreement between you and your creditors. You make affordable monthly payments over fixed period with debt written off at completion.
Debt Relief
Order (DRO)
A debt relief order (DRO) is a formal debt solution for those who have no assets such as car or property. Eligibility criteria does apply.
Bankruptcy
A formal insolvency procedure that involves applying to the court for an order to clear your debts. Monthly payments to your debts may still apply.
Debt Management Plan (DMP)
An informal arrangement between you and your creditors that lets you make lower monthly payments, whilst still paying the total amount of debt.
Individual Voluntary Arrangement (IVA)
A formal agreement between you and your creditors. You make affordable monthly payments over fixed period with debt written off at completion.
Debt Relief
Order (DRO)
A debt relief order (DRO) is a formal debt solution for those who have no assets such as car or property. Eligibility criteria does apply.
Bankruptcy
A formal insolvency procedure that involves applying to the court for an order to clear your debts. Monthly payments to your debts may still apply.
We help with most debts
*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
- Credit Cards
- Loans
- Overdrafts
- Store Cards
- Mortgages*
- Catalogues
- Council Tax
- Benefit Debts
- Utility Bills
- Payday Loans
Find out for FREE what debt help is available to you
Find out for FREE what debt help is available to you
Take the first steps to becoming Debt Free!
100% FREE ADVICE
Get information today on your available options
- One lower monthly payment
- Write off 75%* of unaffordable debt
- Freeze interest & charges
- Stop legal action including bailiffs
- Receive FREE well-being sessions
100% FREE ADVICE
Get information today on your available options
- One lower monthly payment
- Write off 75%* of unaffordable debt
- Freeze interest & charges
- Stop legal action including bailiffs
- Receive FREE well-being sessions
