Debt Management Plan
Marwa Amin, Basildon
"I couldn’t get a loan because I was on maternity leave. The debt management plan has reduced my payments until I am back at work."
If you are under pressure and struggling to meet your monthly repayments then a Debt Management Plan (DMP) could be the answer.
By completing a realistic budget plan we will agree what you can afford to pay each month and negotiate this with your creditors.
At Debt Trust Direct we will make sure that your mortgage or rent payments take priority and that other essentials (such as council tax and utility bills) are also taken care of. A Debt Management Plan will usually freeze any interest which allows your debt to be cleared quicker and as such it may be a better option than a loan.
The threatening letters and calls will stop (we will deal with all your creditors for you and they should not contact you again) and with only one payment each month things should be much easier.
A Debt Management Plan can be set up very quickly (it is less formal than an IVA which takes 6 to 8 weeks to approve) and if you are under pressure it will buy you time and put you back in control.
Why not try our free 30 second test and see how much your monthly payments will be reduced to!
