What Is Debt Management

Debt Management is Financial Management Plan is coordinated by a specialist company such as Credit Repair UK on your behalf and provides a structured repayment schedule for your unsecured debts. Credit Repair UK's debt management plan uses consumer protection legislation to massively reduce your monthly payments.

The amount that you repay each month is based entirely on what you can afford rather than what your creditors are demanding. It is paid by you to us as the debt management company and then divided fairly between your creditors.

This not only means that creditors will soon stop contacting you, but that interest and charges on your debts may be frozen so that any money that is repaid goes directly towards paying off your debts rather than to the lenders profit account.

A Worked Debt Management Example

How do I know that Debt Management is right for me?

As you will see throughout this site the process with Credit Repair UK is one which is very hands on. We do not leave you to guess at the correct solution, we carefully assess your situation before making a recommendation, most of our debt management clients fit some if not all of the circumstances below.

	Overdrawn at the bank.
	Using loans or credit cards to pay bills.
	Credit cards approaching or past their limits.
	Missing or struggling to make payments.
	Falling behind with utility bills or council tax.
	Missing mortgage or rent payments.
	Using catalogue credit to buy clothes.
	Using credit regularly, i.e. clothes or supermarket shopping.
	Using credit by necessity rather than choice.
	More concerned about paying their credit bills than the amount outstanding.

The more of the above list that you tick off then the greater is the likelihood that you need help now and can benefit from a debt management plan.

Call  0845 6432954 now! or complete the
 get help now form.

Who can apply for Debt Management ?

Any UK resident with two or more creditors and over £1,500 of unsecured debt can apply. If you apply for a Debt Management Plan, our advisers will guide you through the process by telephone, giving you professional advice on whether Debt Management is the right course of action for you. Remember with Credit Repair UK we will always listen to your problem fully before recommending the correct course of action if you apply for debt management but there is a better solution for your particular problem then we will make sure that you are aware of the best course of action.

If you answer yes to the following questions the provisionally we can accept you for our debt management plan.

	If you have two or more creditors.
	If you owe a total of more that £1,500.
	If your monthly credit spend is over £150 per month.
	If you can afford at least £125 per month instead of your current repayment.

If you think you may qualify and need help

Call  0845 6432954 now! or complete the
get help now form.

“ I thank Credit Repair UK for the way that they listened to me and tailored a great solution to what I could afford. I had spoken to 3 other debt management agencies before Credit Repair Uk and neither listened to what I said they just tried to shoe horn me into the only product they had. Credit Repair UK listened to me carried out a comprehensive fact find and then tailored everything to my circumstances”

Alan Smith

How will I benefit?

	Calls from angry creditors will diminish then cease.
	No more red letters from your creditors.
	We will deal with your creditors for you.
	We will base your payment on your income and expenditure.
	You will pay what you can not what your creditors ask.
	Threats of legal action should cease.
	In the main your creditors will freeze interest payments.
	You will not be locked into a fixed term contract.
	You regain control of your finances and peace of mind

Let Credit Repair UK use its unique position in the market and its extensive knowledge of government legislation to provide you with the best debt management options available.

Terms & Conditions