Frequently Asked Questions

> What is debt?

Debt generally refers to an amount of money that you owe to a company or an individual in exchange for services or goods. This also takes into account personal loans, credit cards and mortgages, as well as utility bills and council tax.

> What is debt consolidation?

Debt consolidation involves combining all your existing debts into a single monthly repayment at a lower interest rate, made to a debt consolidation loan company.