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Debt management plan

Reduce your payments with a

Debt Management Plan

A single affordable payment
Agree a payment you can afford

Manage your finances better
You only deal with one creditor

Puts you back in control
No more missed payments

0800 007 5021
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Debt Management Plan

Our debt management service will help you manage your debts if you are struggling to meet your debt and credit payments. Call now and speak to one of our expert advisors for free and find out about the range of debt solutions available to you. We can start today on solving your financial problems.

For debt management advice call 0800 007 5021

There are many people across the UK who are struggling with their debts and would benefit from a simple debt management plan. A debt management plan is a method of agreeing a reduced and affordable monthly payment with your creditors.

This is normally done through third parties such as debt management companies who will take a fee for their services, and some are expensive. It is therefore important that you are advised independently of these charges and what all your available options are.

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Seek independent advice

We provide free advice across the UK and will take the time to understand your problems and advise on all of the options available to you.

We are not a debt management company which enables our expert advisors to independently assess your circumstances and advise on your best options and the most suitable of the debt management companies if appropriate.

We have highlighted the advantages of a debt management plan in the table opposite but it is important to be aware that there are disadvantages of a DMP, the most important of which is that debt management companies charge for their services and this can be expensive. You may also find that interest and charges may not be frozen and you may end up paying more than your original debt.

Another downside of a DMP is that it is an informal arrangement and so creditors can change their minds.

This type of arrangement will also affect your credit rating.

Example of the advantages of a
debt management plan
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How a Debt Management Plan Works

A Debt Management Plan is designed to help people who are having difficulty meeting their commitments to their creditors. It is very simply an agreement between you and your creditors where you will make lower payments that you can afford to give you time to get back on your feet.

This would continue until you can afford to make full payments again or until what you owe is repaid. You can actually set up a plan on your own but this is normally done by debt management companies who will use their experience to negotiate an agreement on your behalf.

Credit Card
Debt Management

Credit cards and credit card companies are often a significant part of many people’s financial problems throughout the UK. All cards will be taken account of in your management plan and the credit card companies will be dealt with on your behalf.

Is a debt management plan right for you?

A debt management plan can incorporate all your outstanding loans, credit cards and charge cards. Call us now for a free and confidential assessment and find out if it’s the right solution for you.

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Will a debt management plan help?

A debt management plan may well be the ideal solution to your problems. The important thing to take note of is that there is a solution for every debt problem and no matter what your financial problems are the likelihood is that our experienced advisors have already seen it before and will already have a proven solution to hand.

We deal with financial problems every day from the small and straightforward to the more serious and complex, it’s what we do and we’re here to help.

A debt management plan can help in many circumstances and in particular can give you the breathing space you need to get back on track with your finances and your life. Our advice is free and totally confidential so feel free to contact us at any time.

Call now on 0800 007 5021 or email us here

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About E-P Debt

» We are an independent organisation set up to help people across the UK solve their debt problems. Debt and its associated problems are a fact of life which many people struggle with and our aim is to provide the very best solutions to help people out of their debt situations. Read more

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