Debt Management - The Benefits
Debt Management is the most practical way to handle debt and allows you to stay in control of your finances. We never plan to get into debt but being aware of the options available can help us manage the situation better.
You only pay what you can afford after paying your essential items of living such as food and rent. Your payment can be as low as £100 per month.
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You have ONE monthly payment
It’s easier for you to keep track of one payment rather than having to make numerous payments to different creditors. You pay us and we forward it onto your credit companies.
If your circumstances change, you may speak to your debt advisor to lower or raise your payments.
You can forward all letters and phone calls to debt-simple as we’ll respond to them on your behalf.
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Interest rates and charges
As well as helping reduce your payments we will try to negotiate with your creditors to freeze interest and charges on your debts, but we cannot guarantee they will agree to this.
You are not tied into any formal contract with debt-simple. If your circumstances change and you want to pay your debts without our help then there will be no cancellation fee. Your credit companies will benefit because they can avoid either expensive legal proceedings or court appearances, or paying fees to debt collectors.
For free advice on the best solution for you contact us