Gambling Debt Help & Advice
Get confidential support for gambling-related debt. Our team will help you understand your options, create a realistic plan, and take the first steps toward financial stability.
- 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.
Rated Excellent
100% FREE ADVICE
Get information today on your available options
Struggling To Deal With Gambling Debt?
Gambling debt can build quickly, whether from online betting, casino games, or other forms of wagering. What starts as a manageable hobby can turn into a financial problem, leaving you with overdrafts, loans, or credit cards maxed out in an effort to keep playing.
If repayments have become unmanageable or you’re using one form of credit to pay another, it’s time to seek help.
At PennyPlan, we provide calm, non-judgmental advice. We’ll look at your full situation, explore regulated debt solutions, and support you in taking steps to break the cycle. We can also signpost you to confidential counselling and gambling support services if you need help with the underlying cause.
As seen on:
We Help With Most Debts - Not Just Gambling!
*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
How To Get On Top Of Gambling Debt
Once gambling-related debts reach a certain point, it can feel impossible to catch up. The pressure from creditors, alongside the temptation to try to ‘win it back’, can make matters worse.
If your debts are mainly unsecured such as credit cards, personal loans, or overdrafts, they may be included in a formal debt solution. For many people, this means either a Debt Management Plan (DMP) or an Individual Voluntary Arrangement (IVA).
DROs are available for some people on low income with no significant assets, but recent gambling activity can affect eligibility, so this route is less common.
Gambling Debt Repayment Plan Options
The right solution depends on your income, assets, and recent financial history. We’ll talk through each option, explain how it works, and make sure you’re choosing something sustainable.
IVA
Individual Voluntary Arrangement
An IVA combines multiple unsecured debts into one affordable monthly payment over an agreed term, usually five to six years. At the end, any remaining eligible debt can be written off. Gambling debts can be included, but creditors will expect proof the gambling has stopped. This is often shown by reviewing recent bank statements before approval.
DMP
Debt Management Plan
A DMP is an informal repayment plan that brings together unsecured debts into one reduced monthly payment. It can include gambling-related borrowing and may freeze interest and charges. This helps make repayments more manageable and removes the stress of dealing with multiple creditors.
DRO
Debt Relief Order
A DRO can clear certain debts after 12 months with no repayments during that time, provided strict criteria are met. It is generally for people with low income and few assets. Recent gambling activity can affect eligibility, so this option is only suitable in specific situations. An adviser will check your circumstances carefully before recommending this route.
Find Out For FREE What Debt Help Is Available To You
Get Help With Gambling 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 Help With Gambling Debt Today
You don’t need to face this alone. We know how overwhelming gambling debt can feel, and we’re here to give you clear, practical steps forward without judgment.
Our advice is always free, confidential, and based on what’s best for you. We’ll also help you find additional support if gambling is still an active concern, so you can protect your finances long-term.
Ready to take the next step? Let’s work through it together. Speak to our team today.
- One lower monthly payment
- Write off 75%* of unaffordable debt
- Freeze interest & charges
- Stop legal action including bailiffs
- Receive FREE well-being sessions
What Happens If You Don’t Deal With Gambling Debt?
If gambling debt is left unresolved, missed payments can quickly escalate the problem. Interest and late fees may be added to the balance, and creditors can pass the account to a collection agency. In more serious cases, they might take legal action and obtain a County Court Judgment (CCJ), which can affect your ability to get credit, rent a property, or pass certain checks. Acting early gives you more control over the outcome and more options for finding a solution.
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.
Gambling Debt FAQs
Yes. Most gambling-related unsecured debts can be included, but creditors will want proof that gambling has stopped.
Possibly, but recent gambling activity can make you ineligible. This is why DROs are less common for gambling debt.
It depends on your circumstances, but IVAs and DMPs are the most common solutions. Alongside this, getting help to address gambling behaviour is important to avoid future financial problems.
Yes. If you miss repayments, accounts go into default, or legal action is taken, it can impact your credit file for up to six years.
Absolutely. Our advice is private, non-judgmental, and focused on helping you move forward.