Payday loan help. Write off up to 80% of debts
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.
✓ Write off unaffordable debt
✓ One monthly repayment
✓ Only pay what you can afford
✓ Become debt free
Bennett Jones is associated with The Debt Advisor Limited who are authorised and regulated by the Financial Conduct Authority to provide debt advice. An IVA may not be suitable in all circumstances. Fees may 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%).
See if you are eligible
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. 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 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.
Can Bennett Jones help me with payday loans?
If you’re in financial difficulty due to payday loans, it’s important to take action as quickly as possible to prevent further financial problems from arising. Speak to the Bennett Jones team today and we’ll give you valuable information to help manage your debt and make a full financial recovery.
Our team are always on hand to offer information that can help you deal with debt – even if you’re on benefits. Contact us on 0161 9600054. Otherwise, leave us a message on the Bennett Jones contact page to request a callback.
Bennett Jones’ role in your financial recovery
Bennett Jones can review what you’re spending, both personally and if you are self-employed in your business, and help you understand whether an Individual Voluntary Arrangement (IVA) is the solution you need. Whether you need an IVA, an alternative debt solution, or simply information to help you organise your spending, we can deliver some peace of mind.
Bennett Jones has helped thousands of people who were once struggling with unmanageable debts. We listen to everyone’s story with empathy and understanding. We then offer help tailored to your individual personal circumstances. Bennett Jones is here to help you explore all the options for you to regain control of your finances and become debt free.
We will help you get out of debt, with your loans, credit cards, catalogues, payday loans and many other debts. Stop creditors harassing you over personal, business, or tax debts. We’ve given debt help to thousands of our customers, you can read about their stories and 5* reviews on Trustpilot. Life is stressful when you can’t pay your bills and debts. 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.
Links to find out more
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? We understand how difficult it is to cope with unmanageable debts and the stress and worry this causes. Bennett Jones is here to help you explore all the options to regain control of your finances and become debt free.
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. Read some of our excellent customer 5* reviews to see how our customers have become debt-free, and rid themselves of debts.
We will help you get out of debt and become debt free, with your loans, credit cards, catalogues, payday loans and many other debts. Stop creditors harassing you over personal, business, or tax debts. We’ve given debt help to thousands of our customers, you can read about their stories and 5* reviews on Trustpilot. Life is stressful when you can’t pay your bills and debts. 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
June 2024, Lynne
Patient and understanding debt management advice. From the beginning to the end of my five year journey to take control of my debt everyone at Bennett Jones have been nothing but kind and supportive. Always supporting me without making me feel uncomfortable about my circumstances and explaining everything very patiently, showing understanding of how difficult this can be for someone to undertake and guiding me gently through concerns and daft questions. Thank you for your assistance in taking back control and making a fresh start after a particularly challenging time in my life.
May 2024, Adam
I would like to thank Bennett Jones for helping me with my IVA proposal. I'm a glass half full person but the realities of life and unforseen circumstances with finances had taken its toll. Bennett Jones have helped me to have a fresh start and take control back of my finances. It's a huge load lifted off my shoulders.......
April 2024, Beverley
I would like to thank Bennett Jones for all their help over the past 5 years.. I was in a pretty dark place financially. And through the debt advice helpline I found Bennett Jones.. From start to finish they have been professional sympathetic and always helpful. I've recommended friends who are also happy with their service. If I could give more than 5 stars I would.