Debt Management Plans (DMPs) | Debt Help | Debt Advice

What is a Debt Management Plan?

A Debt Management Plan (also known as a DMP) is an informal arrangement between you and your creditors that enables you to repay your debts at a rate you can afford.

When you originally took out your loans and credit cards you agreed to a repayment that was based on how much you borrowed and also an interest rate. If you are now struggling to make the agreed repayments you need to do something to make the monthly payments more manageable. This is where a Debt Management Plan can help.

Under a Debt Management Plan you look at your monthly income and essential monthly expenditure (house, car, food, clothes etc). After you have paid for all these essential items any money left is called your disposable income. This is what you can offer to all your creditors to settle your debts.

National Debt Relief advise thousands of people on this every month. We can also manage your debt plan for you. Call us to find out more.

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Do you qualify for a Debt Management Plan?

The best way to see if you qualify for a Debt Management Plan, or any of our other debt solutions, is to speak to one of our friendly financial experts. All advice is free and we will help you achieve your best possible solution. We strive to help you no matter what your situation.

To find out more call 0800 043 5135 or fill out our Call back request form.

Any advice and help is totally free and confidential.

Click here to read the Debt Management Frequently Asked Questions

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"* A fee is only payable where further services are requested. All fees will be explained in detail and discussed prior to commencement of any service or debt repayment plan. Repaying debt over a longer period may increase the total amount to be repaid. Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term. Creditors may still contact you with promotional material or to fulfil contractual obligations to you but they should deal with us in all aspects relating to the outstanding debts.

Phonecalls: Calls from a landline are normally free. Please consult your provider if you are unsure. Calls from a mobile may be subject to charges. If you get charged just ask us to call you back for free.