If you are seeking to enrol in a Debt Management Plan (DMP) then you should consider choosing Myvesta first. As an International Social Enterprise we have developed our debt management plan service to include a bank and credit card company penalty charges and PPI recovery service that other DMP providers are unable or unwilling to put in place.
Debt management plans are often a good way of dealing with a multiple debt situation when other formal solutions such as an IVA or bankruptcy are not realistic options. As debt management plans are informal and involve the repayment of a person's debts in full over a longer period of time, it should be noted that debt management plans are not binding on creditors and creditors do not have to formally agree to DMP proposals.
Debt Management Plan (DMP) Benefits
- You no longer have to deal with your creditors
- Make only one payment per month, instead of having to remember to pay all of your creditors
- Reduced and/or lowered interest rates
- Monthly payments based on what you can afford
- Get out of debt faster, and put the stress of your debts behind you
Questions?
Please feel free to contact a Myvesta Senior Advisor by filling out the form below or call us free on 0800 1116 885.
Contact Myvesta UK Now
For more information on Myvesta's Debt Management Plan, please fill out the form below.
