Debt Management Plans
A single affordable payment
Manage your finances betters
You only have to deal with one creditor
Puts you back in control
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 0141 353 9371
There are many people across Scotland who are struggling with their debts could 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 Scotland 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 advice 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
Debt Management Plans in Scotland
No matter what your financial problems are, if you’re living in Scotland, we can help. With offices in Glasgow, Edinburgh, Dundee and Aberdeen we provide free advice across the whole of Scotland, so just call us and we’ll show you how to resolve your problems.