Payday loan help.
Many people turn to payday loans in their hour of need because they propose a fast, easy source of funding. However, the vast majority of payday loans come with extremely high interest rates, meaning people can end up paying back far more than they initially borrowed. Bennett Jones Specialises in IVAs.
✓ Write off unaffordable debt*
✓ One monthly repayment
✓ Only pay what you can afford
An IVA may not be suitable in all circumstances. Fees apply. Entering into an IVA will affect your credit rating. You could write off up to 80% of your debts upon successful completion of an IVA.(10% of our customers wrote off 80% in the last 12 months, with a typical figure of 25%-75%).
Check if you are eligible for an IVA
Bennett Jones is here to help you regain control of your finances. We’ve helped thousands of customers become debt-free by using an IVA. Complete the form above to get no-obligation debt help from our trusted partner, The Debt Advisor Ltd.
Our relationship with The Debt Advisor
The Debt Advisor and Bennett Jones have common Shareholders. The Debt Advisor Ltd is authorised and regulated by the Financial Conduct Authority to provide debt counselling and debt adjusting services to people who are experiencing financial difficulties. The Debt Advisor Ltd will advise you regarding all of the solutions which are available to help you. There is no charge for initial advice relating to the debt solutions available to you and is without obligation. Depending upon the solution that you choose, fees may apply.
There are several companies, known as payday lenders, who specialise exclusively in these arrangements. Whilst popular, payday loans can cause a lot of financial trouble later down the line.
Many people turn to payday loans in their hour of need because they propose a fast, easy source of funding. However, the vast majority of payday loans come with extremely high-interest rates, meaning people can end up paying back far more than they initially borrowed.
The longer you take to return the money, the higher the charges can be. In some instances, there may also be hidden fees involved – it’s not uncommon for a small loan to end up costing you four or five times the original amount borrowed. The Financial Conduct Authority (FCA) regulations stem from concerns about payday lenders’ previous conduct and the amount of interest being charged on loans, as well as concerns that loans were being made to people who simply could not afford to repay them. While the FCA has clamped down on a lot of poor practices, payday loans remain an expensive source of borrowing and great care should be taken before accepting a loan from these companies.
Bennett Jones has helped thousands of people solve their debt problems with an IVA. We understand how stressful and difficult life is when you can’t pay your debts and your bills.
You can trust Bennett Jones to help you with an IVA if you are struggling to pay your debts. We specialise in Individual Voluntary Arrangements – a legal solution that allows for unaffordable debts to be written off. With an IVA from our team, you will make affordable repayments to your creditors over a fixed period, with the remaining debt written off at the end.
Are you struggling financially to pay your growing card debts? Are you only able to make minimum payments? Do you struggle to manage your finances? Are you worried about possible creditor action, and further costs if you can't pay the monthly payments on your credit card debts?
Our team members have the knowledge, experience and professional qualifications to ensure you receive the guidance and support you need. With members of our team licensed by the Insolvency Practitioners Association, we comply with all statutory, regulatory and best practice obligations. We are committed to upholding high standards in everything we do. We are rated excellent on Trustpilot.
Bennett Jones serves people who need debt help from coast to coast, from big cities like London, Manchester and Birmingham, to small rural areas all across the UK. We have many years of experience helping people deal with debt build stronger finances.
We are proud of our 5* Trustpilot reviews
November 2024, Carenza
I cannot thank Bennett Jones enough. I had a lot of debt and couldn’t see a way out. It was beginning to impact on my mental health....... I finished the process today and it was approved, and I honestly feel so much relief that I cried down the phone because I am so thankful. Words will never be enough to say how grateful and thankful I am but one thing I know for sure is that I can start my life again without worrying about money and the debt. Thank you so much for everything!
October 2024, Tony
Truly a breakthrough a company of people that actually care and understand your concerns of being in financial difficulties very understanding caring and acknowledging your feelings Craig who called me was very helpful and clear in all aspects of the situation and completely put me at ease from the start to finish highly recommend to any one who’s in financial difficulties
September 2024, Glen
I found Bennet Jones 5 years ago was really struggling financially. They helped me set up my IVA and the process from start to finish has been amazing. The support I have been given over the last 5 years goes above and beyond what I expected. Would highly recommended If your struggling with debt please don't bury your head in the sand it's an easy process for manageable payments every month and know more hiding behind the sofa. Thanks to everyone at Bennett Jones.