A debt management plan is usually arranged on your behalf by a third party provider, for example a debt charity or debt management company. This means you’ll make a single monthly payment to the DMP provider and they’ll contact all of your creditors and send each of them a share of your payment every month.
If you’re finding it difficult to keep up with payments to your debts, we can review your finances and help you work out a budget to see if a debt management plan is the right debt solution for you.
If it’s suited to your situation, we can arrange a free debt management plan for you with no hidden charges.
You would then pay us an affordable monthly amount which we'll share out fairly among your creditors. You can keep up to date with your DMP online, and we’ll send you a monthly statement detailing how much you’ve paid to each of your creditors.