Debt Management Plans (DMP's)
Our in house debt management service successfully manages over £25 million of consumer debt.
What is a DMP?
Debt Management Plans are a popular and flexible way of paying your debts at a rate you can afford. They are particularly beneficial if you have small amounts of debt, large amounts of debt but with a small disposable income or if you see your personal circumstances changing in the near future.
We will work out an affordable monthly payment and negotiate repayments with your creditors which fit your monthly budget. You then pay us one affordable payment on a date suited to you and we distribute this to your creditors under new payment terms we have agreed with them. We are very successful in freezing the interest and other charges meaning that your payments will clear your debts quicker.
You will have your own Account Manager who will represent you personally and professionally - no call centres, no being transferred to other departments - just the very best in client service. We believe in 'active debt management' which means that during the life of your plan, your Account Manager will be exploring every possible solution to get you out of debt as quickly and hassle free as possible.
