Debt Advice Foundation

Debt Advice Foundation

The Debt Advice Foundation is a National debt advice and education charity offering free, confidential support and advice to anyone worried about their debts.

They have built their reputation by preventing debt problems through education, as well as solving people's debt problems with a solution that is best for the individual.

They help over 10,000 people a year to get back in control of their debts, as well as educating children throughout the UK so that they develop their own money management skills which could help them prevent debt problems in the future.

Their helpline is confidential, non-judgemental and covers the full range of debt solutions available in the UK.

You don't have to book an appointment to speak to them and importantly, they don't charge fees for debt management solutions.

Debt Advice Foundation's advisors are available to answer any questions you may have about any aspect of debt on the talkaboutdebt question boards.

Click here to visit their website www.debtadvicefoundation.org.

Find Out More About The Debt Solutions Considered

Solutions
Debts Written Off
Legally Binding
Interests & Charges
Residential Status
Fees
Notes
IVA
Yes - Average 58%
Yes
Stopped
Tenant or Homeowner (Eng/Wales)
Yes on average around 20% of the payments you make to creditors
Typically you must have debts over £15,000 and be able to offer yourcreditors about 20% of the value of the debt back over 5 years.
Debt Management
No
No
Many Freeze
Tenant or Homeowner
Yes
In a Debt Management Plan, you will be required to repay all of your debt in full.
Consolidation
No
Yes
New Rates & Charges
Tenant or Homeowner
Yes
Consolidating your debts generally means you'll pay more back over a longer period of time.
Bankruptcy
Yes
Yes
Stopped
Tenant or Homeowner (Eng/Wales)
Yes - up to £700 depending on your circumstances. You may also be subject to a 3 year Income Payments
You need to think carefully about all the affect bankruptcy will have on your home and your employment.
Debt Relief Order
Yes
Yes
Stopped
Tenant
Yes - £90
You must have debts under £15,000 and have little in the way of assets

Debt Advice Foundation Reviews

If you have used the Debt Advice Foundation and would like to share your experience please write a Debt Advice Foundation Review.

Add a Review
Average Rating:
5
Rated 5/5 based on 1 customer reviews.

What others have said

Please remember that these reviews are the opinions of people visiting our site and so can be very different from our own views.

I wanted to say a BIG THANK YOU in particular to MARTIN from your organi
Reviewed by:
Rating:
5

Would reviewer recommend this organisation? Yes
I wanted to say a BIG THANK YOU in particular to MARTIN from your organisation. I am a well educated woman who never imagined that I would be in the postion of seeking help for debt but the telephone call I made it is the best decision I have made in a long time. It was such a relief to talk to someone openely & honestly without being judged for the bad decisions I have made with money. I had a good nights sleep for the first time in a long time. I know I have a long way to go before my situation will improve but facing it head on is the only way.PLEASE don't feel embarrassed or worry what others will think, you'd be surprised how many people are in the same boat. It is your life so call them & get your life back. THANK you again to Martin for his professionalism & support