Are you finidng it difficult to pay off your debts? Debt management could be just the thing for you!

What does a debt management plan involve?

With a debt management plan you pay back the debt you owe to your creditors with single monthly instalments to the debt management company. They then divide the payment equally between all your creditors. An additional advantage of a debt management plan is that you have no communication writh the creditors yourselves, the debt management company will deal with them on your behalf.

Please note fees may apply and a fee structure will be explained in full before you enter into a debt management plan.

Is debt management the right option for me?

A DMP is a good option for you if you can afford to pay regular monthly installments to your creditors and you want an organised, simple way to pay. It can be the best option for you

1. Need a short term solution for your debt problem

2. Have unsecured debts that you cannot afford to repay

3. Have significant equity within your property but do not wish to take out a secured loan or remortgage

4. Owe money to only one or maybe two different companies.

5. Do not want your wife, husband, spouse or partner to find out you have debt

6. Do not qualify for an Individual Voluntary Arrangement (IVA)

7. Prefer to use a third party to take control of your debt problem.