As a leading debt management company, we have helped thousands of customers to turn their unmanageable unsecured debts (such as personal loans, credit cards, store cards, catalogue debts and overdrafts) into one affordable monthly payment.
Some people may prefer to arrange a debt management plan with their creditors on their own. After all, a DMP is an alternative payment arrangement suggested to existing lenders detailing how you intend to repay your debts.
However, the negotiation process can be stressful and very time-consuming, especially if one or more lenders don't agree to your initial proposals. Plus, if your circumstances change later on and you cannot stick to the new agreements, you'll have to start the negotiation process all over again.
By using a debt management company you will save yourself the hassle of dealing with all of your different lenders and you'll also save a lot of time because you only need to explain your situation once (to your debt adviser). When we set up your debt management plan, you only have to make one affordable monthly payment by Direct Debit and we distribute the funds between your creditors according to the terms of your plan.
Your personal adviser is available to offer expert help and advice whenever you need it. They can answer any questions you may have for the duration of your plan, and they can talk to your lenders to renegotiate a new deal if your circumstances change (for better or worse) while your plan is ongoing.