site

Payplan


Payplan is one of the UK's leading debt management companies, assisting individuals who have unmanageable debts and working closely with charities such as National Debtline.

Unlike most debt management companies, Payplan provide a free debt management service and are an independent company whose aim is to help people set up and keep to a manageable repayment plan. Their services are paid for by the credit industry who believe people should have access to free help with their debt problems.

Firstly they will carry out a full assessment of your financial situation. They will then approach your creditors and ask them to approve the offer of reduced payments. You then make one monthly payment to Payplan and they then send the (pro-rata) amounts directly to your creditors (usually by electronic bank transfer). All of this money goes directly towards reducing your debt.

They will help and support you throughout the duration of your arrangement. You will be given an individual case officer who will be available to help you should you experience any problems. They undertake regular reviews of your circumstances to ensure that your Payplan arrangement is still working. The arrangement then continues until all of your debts are cleared.

For further information about Payplan, call 0808 045 4298 4000. Lines are open 8am to 8pm Monday to Friday.

You can also visit Payplan at at www.payplan.com


Check out some of the other services who can provide you with debt advice and debt guidance.