A Debt Management Programme is a way of paying your unsecured debts with a monthly payment that you can afford based upon your individual circumstances.
In order to determine how much this is we need to understand your finances. By looking at ways of maximising your income or reducing any
overspending and by identifying and prioritising your most important debts we can then produce a Financial Statement
which reflects your personal circumstances.
We can help with any amount of debt, small or large. Our advice is free and, if your circumstances are appropriate, we will propose an
informal arrangement with your creditors to pay your debts.
Is debt management right for you?
To find out either call us free on 0800 848 8833 and speak to one of our friendly advisers or apply on line
We liaise with your creditors on your behalf and manage your debt repayment programme. You make one affordable monthly payment to us and we
distribute this on a fair and equitable basis to all your creditors regularly every month for as long as you are in the programme.
We always ask creditors to respond sympathetically to your circumstances by freezing or reducing interest in order that your monthly payments
will help to reduce the capital balance. Not all creditors will agree to this and this could lead to you repaying your debts over a longer period
and consequently to an increase in the overall debt.
We will write letters and correspond on your behalf in order to negotiate a settlement plan for all your outstanding debts and act as an
intermediary between you and your creditors and as administrator of your plan.
Our debt management plans are flexible and can be altered at times to suit the change in your circumstances, good or bad. There are no
financial penalties if you choose to cancel your plan and association with us.
We are here to help you back on track, not to impede your progress.
Because we regularly review your plan, if we discover an alternative solution, we will inform you immediately, so you can switch if you feel it will
be of help to you.
We understand the importance of a fast response to any enquiry or concern you might have and our advisors will react quickly when contacted by you.
See our Frequently Asked Questions
(FAQ) about Debt Management Plans.
