Other Debt Management Companies

Debt Management Company Fees

Payplan is free to everyone.

There are absolutely no hidden charges.

Most of the well-known debt management companies such as Baines & Ernst, Gregory Pennington, Harrington Brooks (All Clear Finance) and Chiltern, charge a monthly "management fee" which means that less of YOUR money goes towards repaying your debts.

Every penny you pay into a Payplan arrangement goes to your creditors and reduces what you owe. This is because we receive funding from the credit industry who recognise the need for a free service.

The table below shows the fees charged by other debt management companies.

Fees charged by other debt management companies.
Information correct as of 4 December 2006
Debt Management Company Set up fee Monthly charge Min./Max. fee per month
Harrington Brooks/All Clear Finance First month's payment 17.625% none
Baines & Ernst First month's payment 17.625% Min £25
Max £90
Chiltern First month's payment 16% none
Gregory Pennington First month's payment 15% Min £25
Max £100

Click here to see how much you could save with Payplan


More Information on Debt Management

We help 100s of people in debt every day

DEBT HELP NOW
In 5 Minutes Or Less