Free Debt & Credit Tools
Get a clearer understanding of your financial situation with our free, easy-to-use debt management tools.
Reviewed by AI Debt Coach | Tools verified by FCA-regulated advisors
How Our Tools Can Help You
We offer several categories of tools to assist you on your journey to financial recovery. Our debt assessment tools help you understand your position so you can choose the best path forward (try our debt assessment, IVA checker, or DMP calculator). Our budgeting tools let you actively manage your money and identify areas for savings—check out the budget balancer.
We also feature credit tools to help you understand and rebuild your credit over time (including our credit score simulator, credit utilization calculator, and credit mix analyser). Finally, our document tools allow you to generate formal letters and track correspondence with creditors via our document generator and letter tracker. For an overview of formal insolvency and non-insolvency options, visit our guide on debt solutions or our detailed IVA explained guide. Once you're on the path to recovery, visit the credit rebuilders hub.
AI-PoweredPersonalized Budget Analysis
Get comprehensive, AI-driven recommendations tailored specifically for your debt situation. Our advanced system analyzes your finances and provides personalized strategies to help you regain control.
AI Budget Analyzer
Get a free, personalized analysis of your budget and actionable steps to manage your debt.
Quick Assessment Tools
Use these calculators to get instant insights into your debt situation and potential solutions.
Debt-to-Income (DTI) Calculator
Understand what percentage of your income goes towards debt payments.
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IVA Affordability Calculator
Estimate how much debt could be written off with an IVA based on what you can afford.
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Take the Next Step Towards Financial Freedom
Our tools provide a great starting point. For a full assessment of your options, use our free IVA eligibility checker. It's fast, confidential, and won't affect your credit score.
Check My Eligibility NowCalculator FAQs
How accurate are these debt calculators?
Our debt calculators provide estimates based on standard financial formulas and typical terms. The Debt-to-Income calculator uses a widely accepted formula. The IVA Affordability Calculator estimates potential write-offs based on a standard 5-year (60-month) IVA term. For precise calculations tailored to your situation, we recommend speaking with qualified debt advisors at Money Helper, or using our free IVA eligibility checker.
Will using these calculators affect my credit score?
No, using these calculators will not affect your credit score. These are informational tools that run entirely in your browser and do not perform credit checks. Only when you proceed with a formal debt solution application (such as an IVA or DRO) and authorize credit checks would your credit be affected. Note that a Debt Relief Order (DRO) has a £0 fee and covers qualifying debts up to £50,000, while an IVA involves IP fees. For more information, speak with FCA-regulated advisors.