Debt Management Help in UK
                     Become Debt Free Now
• Guiding people with best available solutions:
• Single Affordable Payment
• Freeze Interest Charges
• Stop Creditor Pressure
Debt Management Solution
A debt management plan (DMP) is intended towards helping an individual 
manage his debts better. He can then pay off the debts at more affordable 
rates, such that monthly payments are reduced.
There are a number of advantages that DMPs offer for an individual:
Upon using a DMP, one is only required to pay what one can afford to the 
creditors. In the event that household bills cost a little more than they did 
earlier, the arrears can be added up to the DMP. This keeps the accounts up-to-
date. Regular ongoing monthly payments still need to be made in any case.
https://pennysolvers.co.uk/
Debt Management Services: Find the Right 
One for You
• Creditors may contact the individual, and may or may not stop interest charges. This may increase the total 
amount that a debtor owes. Legal action by creditors is another potential disadvantage of a DMP.
•  Using a DMP may come across as being a feasible plan for an individual, in the event that he has some 
surplus money available each month. This is after paying priority costs, such as rent, food and utility 
expenses.
•  A DMP does lay effects over one’s credit file and score. The underlying reason for the same is that a 
debtor uses a DMP to pay lesser than the minimum repayment amount that he initially agreed to pay 
when he took the debt.
•  A DMP isn’t registered upon the credit files as such, but it could lay an impact over certain areas of a 
credit file. Details pertaining to aspects such as court action, missed payments, defaults will be removed 
six years prior to their occurrence. This would be even while the debts have not been paid in totality.
•  One of the primary advantages of using a DMP is that in the event that one falls behind on house hold 
expenses, arrears can be made and they can be added to the DMP. They are then a part of the monthly 
DMP payment.
•  It is best to clear the arrears as soon as possible and there are cases wherein the financial institutions help 
debtors clear the arrears. As arrears are cleared, it implies that amount being paid towards unsecured 
debts increases.
How The Plan Works
• A lower payment on a regular basis is designed for who those who can’t afford the full 
monthly payments with creditors. By giving you just one simply monthly payment to make, 
you will quickly find the situation more easier and less stressful to mange. Calls and letters 
from creditors are also managed on your behalf.
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Contact Us
           https://pennysolvers.co.uk/
0800-048-9396
[email protected]
OFFICE ADDRESS: Kemp House, 160 City Road, London EC1V 2NX, United Kingdom