Debt management

If you can't afford your monthly debt payments, debt management could be the answer to your problems.

Benefits of our repayment plan:

• Take control of your debts without a loan
• Reduce or freezing interest and charges
• Pay off debts with one single affordable monthly payment
• Stop demands and action from creditors
• Regain control of your finances

How does debt management work?

Talk to us and we'll talk to your lenders.

Tell us about your financial situation so we can draw up a repayment plan that you can afford - and that your lenders can agree to.

In most cases, they'll consider accepting lower payments if it's the best way for you to repay the money you owe. They may also agree to reduce or freeze interest and charges, so you can focus on paying off the debt itself.

Lenders don't have to accept any changes to your repayment terms, so this is an area where experience really counts. As part of the Think Money Group, we're one of the UK's largest and longest-established debt management companies. We've spent over fifteen years negotiating with lenders: we know how they like to work, and what kind of changes they're likely to agree to.

We can help even if you are:

Unable to keep up with your repayments?

We'll negotiate with your lenders, asking them to accept lower monthly payments. We'll show them exactly what you can afford once you've accounted for all your essential expenses (mortgage/rent, utility bills, petrol, etc.).

Falling behind on your mortgage / rent?

We'll negotiate with your mortgage lender / landlord too. If there's talk of legal action, we can even handle the court paperwork for you and find you a solicitor.

Plus: debt management works by bringing your debt payments down to a level you can afford after you've paid for your essential expenses. In other words, you won't need to 'eat into' your mortgage / rent money to pay your credit card bills.

Watching your debts get bigger?

You want your repayments to go towards reducing the debt itself. That's why we ask lenders to freeze / reduce interest and charges. They don't have to agree, but after fifteen years, we've built up good working relationships with lenders throughout the country. We're in a good position to negotiate.

Worried about letters and phone calls?

We'll handle all letters and phone calls, asking your lenders to contact us, not you. If you do receive any letters, simply forward them to us in the free envelopes we'll provide. If they phone you, just ask them to call us.

Once you're on our debt management plan, you'll have just one person to deal with - your own Personal Finance Manager, who'll be there to help with your finances, answer your questions and make any necessary adjustments to your plan, so it remains right for you if your situation changes.

The personal approach to debt management

Debt Advisers Direct are part of the Think Money Group. Since our foundation in 1993, we’ve built up a reputation for providing one-to-one, personalised help. Every one of our customers receives a dedicated point of contact, on hand to help them tackle any problems they encounter on the road back to financial stability.