For the majority, debt is just a part of life. But if not managed efficiently, you could find yourself feeling confused, stress and under pressure.
Yes, it is important to pay your debt but it shouldn’t evoke additional stress, and certainly should not take over your life. By using our Debt Management Plan, MoneyAdvice can give you that reassuring helping hand; helping you pay your debt in a way that suits you.
Money Advice’s can assist getting you a Debt Management Plan that can ease the pressure of tight deadlines and previously agreed repayments that now don’t fit within your financial situation. Using Debt Management Plan can:
- Adapt your previously agreed payments to an amount that suits you
- Relieve stress by putting your finances in the hands of professionals
- Relive pressure by handling contact with the original lender
Leaving you to enjoy the things you love to do whilst paying your debt at a rate and amount that suits you.
*DMPs are available subject to eligibility and acceptance, alternative solutions may be offered. Fees payable if continuing service are provided. Money Advice Ltd may recieve a fee for passing your information onto carefully sected third parties should you decide to use any of their services. To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.
But what is a Debt Management Plan?
Here at MoneyAdvice, we’re aware life can have its ups and downs, just like your financial situation. It might be the case that you are no longer in the position to repay at the previously agreed amount. Getting help via a Debt Management Plan allows you to seek professional, expert guidance and not only organise but adapt your current repayment scheme to your current financial position.
A Debt Management Plan is there to provide a solution – overhauling your originally agreed payment plan so once again it’s easy, affordable and stress-free. Backed by their experience and expertise in the industry, through Money Advice’s financial review, organisation, and contact with the original lender, you are again able to repay your debt at your own pace and at an amount that you can afford. It doesn’t get rid of your debt quicker or doesn’t cost any less, but it relieves pressure and allows you to go and live a life – and that’s what truly matters.
All Debt Management Plans are subject to eligibility and acceptance.