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Getting out of debt

Credit cards, balance transfers and payoff plans, explained.

  • Get out of debtDebt management plans explainedWhat a DMP is, how it compares to an IVA, a DRO and bankruptcy, whether it hurts your credit, and how to get help for free, in plain English.9 min read
  • Get out of debtCredit card minimum payments explainedWhat the minimum payment on a credit card is, what happens if you only pay it, and how a fixed amount clears the balance far faster.7 min read
  • Get out of debtHow balance transfers workMoving a card debt to 0%: how it works, the transfer fee, the revert rate when the deal ends, and whether it beats a personal loan.8 min read
  • Get out of debtDebt consolidation explained: loans, DMPs and IVAsThe three UK routes compared honestly: a consolidation loan, a debt management plan and an IVA, and how to tell which one fits.8 min read
  • Get out of debtHow to pay off debtThe snowball and avalanche methods compared, the order to tackle debts in, and how to clear them faster.8 min read
  • Get out of debtHow loan repayments workHow the level monthly payment is worked out, what APR really means, and how the term changes the total cost.7 min read

Earn

Take-home paySalary sacrificeBudget

Buy a home

Mortgage affordabilityMortgage repaymentsLoan to value (LTV)Stamp dutyMortgage overpayment

Get out of debt

Debt payoffCredit card repaymentLoan repayments

Build wealth

SavingsSavings goalCompound interestInflationPensionFIRENet worthRental yield

Business & tax

VATCorporation taxDividend taxCapital gains tax
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Free UK money calculators. Get the number, no faff. Every figure is an estimate to help you plan, not financial advice, and should be confirmed with HMRC, your lender or a qualified adviser before you commit.

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© 2026 calcd. Estimates only, not financial advice. Rates checked against HMRC guidance.