A debt management plan (DMP) is an agreement with your creditors to reduce the payments to your debts that you make each month so that they fit within a budget you can afford.

Debt management allows you to get back in control of your finances. You will be able to afford to pay for your reasonable monthly living expenses as well as making a contribution towards your debts.

You stop making your debt problem worse because you no longer need to borrow from one creditor to try and maintain the minimum contractual payments to others.

Debt management plans are not legally binding agreements. This means that they are flexible. Payments to creditors can be increased or reduced if you experience changes to your circumstances. 

They can also be used to provide a temporary breathing space if you believe that your circumstances are due to improve in the short term. 

How to Start

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Call us now on 0800 077 6180 to discuss how a Debt Management Plan can solve your debt problem