Debt Management Plan (DMP)

A flexible way to manage your debts with affordable monthly payments

Start Your DMP Journey

What is a Debt Management Plan?

A Debt Management Plan (DMP) is an informal agreement between you and your creditors to pay your debts in full at a rate you can afford. It's a flexible solution that can be adjusted as your circumstances change.

Key Benefits

  • Single affordable monthly payment
  • Reduced interest and charges possible
  • No impact on your home
  • Flexible payments based on your circumstances

Suitable For

  • Any level of unsecured debt
  • Regular income source
  • Ability to make regular payments
  • UK residents

How a DMP Works

1

Free Assessment

We review your income, expenses, and debts to determine if a DMP is right for you.

2

Payment Plan

We calculate an affordable monthly payment based on your disposable income.

3

Creditor Negotiation

We contact your creditors to propose the new payment arrangement and negotiate interest freezes.

4

Regular Payments

You make one monthly payment to us, which we distribute to your creditors.

5

Ongoing Support

We provide continuous support and can adjust your plan if your circumstances change.