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
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.
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.
debt management plan
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.