- Lloyds Bank OD: £1539
- Barclays Credit Card: £10348 (passed to PRA GROUP)
- Lloyds Loan: £7574
- RBS Credit Card: £4728
- American Express: £5409
- Lloyds Credit Card: £16424
- Aqua Credit Card: £7867
- Newday Credit Card: £6410
- Capital One: £4950
- Sunny Pay Day Loan: £369
Total Debt: £65,618
Monthly Payment before IVA: £1100
Monthly Payment after IVA: £200
Peter , Aged 62 , Single living on pension with debt of over £64000 with more than 11 creditors and was making huge repayment of £1100 to all lenders.
On top of this he had to pay priority bills such as rent close to £1100/m and plus other bills which in turn, was not leaving behind anything for him by the end of month despite with the good income of £2600 coming in form of pension.
‘Zero Debts provided a really good service and helped him understand the financial options he had. He would absolutely recommend approaching Zero Debts if you are struggling on managing your debts.’