We’ve helped our clients clear over
£16,560,603 of debt since 2008
Trust Refresh Debt Services to help you do the same
Why Refresh Debt
We at Refresh are really passionate about helping people like you get out of debt once and for all.
We have been about since 2008 and we know a thing or two about clearing debts. So far we have
helped our client’s clear over £16 million of debts!
No matter what your situation you can be guaranteed we have dealt with something similar before. We are experienced, trustworthy and most importantly, approachable. You can call us, email us, text us, we don’t mind… No question or query is unimportant. We promise to give you our time and our expertise. We will guide you every step of the way on your journey to becoming debt free.
“Very happy to be with Refresh, I am able to enjoy every day instead of worrying about bills. Thank you for your help.”
Helen
Debt Solutions
There are a wide variety of debt solutions out there, but it is not a ‘one size fits all’ scenario. Each
solution has pros and cons that make some solutions better for some people than others.
A debt Management plan is a way of reducing your monthly repayments to your creditors when you can afford to make them in full. A Debt Management Plan is an informal debt solution and can be adjusted to suit your needs
An Individual Voluntary Arrangement is a legal form of insolvency where you agree to repay a set amount to your lenders (IVAs are not available to Scottish residents).
A DRO is a formal debt solution setup by making an application through an approved intermediary.It is intended for people on low-income and little assets who would otherwise struggle to pay the fees to go bankrupt.
Bankruptcy is a form of insolvency which essentially is a declaration that you are unable to pay off your existing unsecured debts. You can apply for bankruptcy voluntarily or made be made bankrupt by an aggressive creditor.
Scottish Debt Solutions
A Trust Deed may be an option if you have debts of over £6,000 and live in Scotland. It combines multiple monthly repayments into one affordable monthly payment for four years or sometimes more.
A Debt Arrangement Scheme (DAS) gives you a fresh start and may be available if you are a resident of Scotland. A DAS freezes the interest on your debts and lets you repay them over a timescale that suits you.
Minimal Asset Process (MAP) replaced Low Income Low Asset in 2015. If you live in Scotland and have a low income and few assets such as a home or car, MAP may be for you.
“I have always found everyone polite and helpful, even when I did not know how to carry on. You have always been there for me and I will always be grateful for all you help. I would recommend you to anyone.”
Kuldeep
You can get free debt advice from the Money Advice Service – an organisation set up by the Government to offer free and impartial advice to those in debt
Latest Blogs
Experian Credit Score Booster
November 24, 2020 by Shane McGuigan
Experian’s free Boost service, which launched last week, lets people share details of some everyday transactions. This then allows Experian to create a “boosted” credit score, which takes this behaviour into account – though lenders and other credit providers will Read More
Is there a debt crisis on the way as Insolvency numbers show an increase in September
November 16, 2020 by Shane McGuigan
New figures from the Insolvency Service’s latest personal insolvency figures have risen by 60% in October 2020 when compared to September in England and Wales. Personal insolvencies increased to 11,939 in October 2020 compared to September’s figure of 7,458, and Read More
Talk Money Week 2020 will take place on 9-13 November.
November 9, 2020 by Shane McGuigan
Talk Money Week is an annual campaign to get the nation talking about money. Communication is really important in all aspects of life especially when it comes to your finances. However, talking about money is often seen as a ‘Taboo’ Read More