Debt Management Plans: your first step to financial freedom
Are you struggling to pay off your debts every month?
With a Debt Management Plan from Baines and Ernst you may be able to reduce your monthly payments, making them easier to bear.
If your debt problems aren't significant enough to warrant bankruptcy, if you don't have a very high disposable income, or if you expect a change in circumstances in the near future, a Baines and Ernst Debt Management Plan could be what you're looking for.
You simply make one affordable payment to us every month which we distribute to your creditors.
Because we have built up fantastic relationships with many established creditors, we are often able to reduce or freeze interest and other charges - although this cannot be guaranteed.
In addition, your Debt Management Plan is fully flexible and can be altered at any time to suit your changing circumstances. You can even cancel your plan at any time with no penalties.
What are the criteria for a Debt Management Plan?- Two or more creditors
- More than £5000 of debt
- Minimum disposable income of £100
- Proof of employment
Your payments are kept under regular review and if we believe an alternative solution has become available, we'll tell you about it. You make an informed choice as to what to do next.
Click here to request advice on Debt Management Plans to suit you click here or call us on 0800 096 1331.