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Debt Management Plan

Debt Management Plan

debt management planClear your debts with a Debt Management Plans, it’s convenient, flexible and not nearly as severe as IVA or bankruptcy. If you are struggling to repay loans such as credit card bills, a debt management plan credit solution will enable you to make payments you can afford.

We will calculate your expenses and income before negotiating a debt management plans with creditors on your behalf, so you avoid the hassle of talking to them yourself.

Plan for debt, keep more of your income and start enjoying life again. And because a DMP is not as serious as an IVA or bankruptcy, you won’t be over burdened by legal contracts.

Allowing us to set up your plan means we will handle all communications with your creditors and if you do continue to get any letters in the mail, simply forward them to us and we will deal with them. Our comprehensive service means you no longer need to discuss your debts with a bank or credit card company, instead you can relax with confidence – your finances are under control.


How we can help you

Our trained negotiators will contact your creditors on your behalf and reduce your monthly outgoings into affordable payments. Also, when creditors deal with our DMP specialists, many freeze or reduce the amount of interest being charged on your accounts.


10 Reasons to Choose a Debt Management Plans


    1) Cost effective – every pound you can afford to pay goes to your creditors

    2) Stops harassment     – creditors deal with us instead of you

    3) Debt reduction     – interest can be reduced or frozen

    4) Flexibility     – when your circumstances change so can your payment plan

    5) Peace of mind     – knowing all creditors on the plan are getting paid

    6) No legal implications     – the plan is not legally binding

    7) Assures creditors     – demonstrates you are serious about honouring debt

    8    ) Save hundreds of pounds - you can clear your debt by paying back much less than the original amount

    9    ) Pay less than £100 per month - a debt management plan can cost you less than £100 per month

    10) Avoid cashing in your insurance policies -     a debt management plan will help you avoid having to cash in any insurance policies to clear your debts

Although individuals can negotiate a DMP, creditors always look more favourably on applications made by debt specialist companies, who can arrange to have  fees frozen, repayments slashed and interest rates cut when they negotiate on your behalf.

We understand that debt often arises out of misfortunate situations and is not always the result of reckless over-spending. Loss of job, divorce, injury and illness can all lead to financial problems and can happen to anybody. That is why debt management counseling is important and our specialists go the extra mile to give you the best service possible – without passing judgement.