Understanding Your Credit Report in 2026
Learn how credit reports work, what affects your score, and how to improve it effectively.
12 Jan 2026 Read MoreHave a chat with us today – we can help you finally take the first steps towards becoming debt free.
Helpful articles to understand debt, credit, and financial wellbeing in simple terms.
Learn how credit reports work, what affects your score, and how to improve it effectively.
12 Jan 2026 Read MoreA simple breakdown of how an Individual Voluntary Arrangement works and who it suits.
28 Dec 2025 Read MoreDiscover how interest builds up and how to avoid long-term debt traps.
15 Dec 2025 Read MorePractical tips to manage payments, reduce anxiety, and regain financial control.
02 Dec 2025 Read More
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To qualify for debt being written off through an IVA, you will typically need at least £7,000 in qualifying unsecured debt owed to two or more creditors. The percentage of debt written off depends on your individual circumstances. Based on average figures from J3 IVA clients between June 2023 and June 2024, customers achieved a potential 68.5% write-off of qualifying debt upon successful completion of their IVA.
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