Wondering what a word means? We've got that covered too.

We try to keep the jargon to zero but there are words that you will need to know the meaning of. Did you know the word "mortgage" means "death pledge" in Old French?! Spooky. Anyway use below to find words that you may not understand the meaning of. We got you.

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Debt Collector

A Debt Collector is a Company in the business of recovering money from accounts that have defaulted or have broken their agreement with the original creditor. Representatives of the company are commonly referred to as Debt Collector too.

Debt Consolidation

Debt Consolidation is borrowing, in the form of a loan, to clear all outstanding debts. This means instead of having several debts, you are left with one and one monthly payment.

Debt Relief Order (DRO)

Cutting out the jargon, a Debt Relief Order is an alternative to Bankruptcy with a lot of similarities. We have an entire article on this subject, click here to find out more.


Having a Default on your account means that you have broken the terms of your agreement.
For a more detailed explanation of this term click here.

Default Notice

A Default Notice is simply a letter from your creditor warning you that your account is about to default.

Search "default notice" in our search bar for a more detailed explanation of this term.


A Defendant is the person who has had a claim filed against them or is being accused in court. They are the opposite to the ‘Claimant’.

Our intentions are 100% genuine.

We want to support people who are in or at risk of debt. By drawing upon knowledge and experience of how money and debt works, we have produced a website full of up-to-date information, and useful tools to do just that.

Ultimately, we have one goal, and that is to educate people about debt, by simplifying complicated matters, so that anyone can understand.

More than anything we hope you find the information on this website useful, and that it helps you to take positive steps in the right direction.

To find out more about the different ways we can help you, head over to the 'How we can help you' section.

How we can help

Simplifying complicated matters.

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Do you know how much you have left at the end of each month? Do you need to send an income and expenditure to a creditor? We've got you covered. Our budget planner provides you with a simple and free way to view and track your spending.

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