What Is Debt Management?

Debt management is an informal arrangement between you and your creditors, negotiated by us on your behalf You make one affordable payment to us, which we distribute to your creditors. Typically, the new payment is half your existing payments, but will depend upon individual circumstances. The

Benefits Of Debt Management!

Reduced Payments

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.

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.

Negotiations Done For You

All negotiations to reduce payments to creditors are done by our advisors, the creditor is not obliged to agree to the offers proposed however they cannot turn away any payment which you make towards repayment of the debt.

Flexible Plan

If your circumstances change, you may speak to your debt advisor to lower or raise your payments.

Contact From Creditors

You can forward all letters and phone calls to us, simple as we’ll respond to them on your behalf.

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.

Informal Arrangement

You are not tied into any formal contract with ABC Debt Solutions . 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