Other Debt Management Companies
There are several different companies that set up and manage Debt Management Plans (DMP). Companies that set up and manage Debt Management Plans have to be authorised and regulated by the Financial Conduct Authority. Some of these companies will charge fees for their services. If you choose to enter a DMP with one of these, it could take you longer to finish your plan, as you’ll be making payments towards the fees as well as to your plan.
No Debt Management company can guarantee that the companies you owe money to will agree to freeze interest and charges in your plan.
A Debt Management Plan with PayPlan is completely free. Everything you pay goes towards your plan.
How Are PayPlan Debt Solutions Different To Most Other Debt Management Companies?
PayPlan are funded by donations from the credit industry. So instead of charging people in a DMP, we receive donations.
We’re completely impartial, and we’ll always recommend solutions that are affordable, sustainable and in your best interests.
What Does PayPlan Do?
PayPlan provides free, sympathetic and immediate advice regarding debt and debt-related issues. If you’re worried about debt, there may well be a number of free debt solutions that we can offer you depending on your needs, and we will explain all your options impartially.
Our experienced advisors are here to help you find the right solution for your circumstances. Call us on 0800 316 1833, message us on WhatsApp or Live Chat. Our opening hours are 8am to 8pm Monday to Friday or 9am to 3pm on Saturday. Or, complete our enquiry form, and we will be in touch as soon as possible.
More Information on Debt Management
- Other free debt advice providers
- Debt Management Plans
- Individual Voluntary Arrangements (IVAs)
- Questions about Debt Management