Debt consolidation allows you to make a clean start, converting your existing commitments into a single loan payment. Debtsolver will review your financial circumstances to make sure that a consolidation loan is the best option for you. You should note that a consolidation loan would usually be secured against your home, which would be at risk. Hence, debt consolidation may not be available if your financial difficulties are so severe that your credit rating is adversely affected, and if your debt commitments are very high. Under such circumstances an IVA or bankruptcy procedure through the UK courts may be the most suitable choice for you. If a debt consolidation plan is the best option for you, your old loans will be paid off and replaced with a new one on more favourable terms, and your previous credit rating should be kept intact. You will then have a new loan with a single monthly payment. If you still have any questions about a debt consolidation plan, you can have a look at our debt FAQ page, or you can call us. For a non-obligatory review of your finances you can fill out our debt problems application form or call us directly at the number listed. All information collected during the procedure is entirely confidential. It's important to us that you aren't kept waiting, and you will hear from us within 24 hours. Should you decide to use our services, in most cases the necessary work can be done over the telephone. However, if this is not possible or you would prefer to meet in person, we can arrange for one of our Senior Advisors to meet with you. Debtsolver operate a National service and have offices throughout the UK.