Other Debt Management Companies

Unlike so many other debt management companies, PayPlan’s debt solutions have no upfront client fees, which could mean lower repayments for you. That means with a PayPlan debt solution, you don’t have to worry about paying any fees you might normally associate with an IVA or a Debt Management Plan.

Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7

Get free, confidential debt advice in just a few clicks

• Answer a few simple questions
• Choose help by phone or Online
• Get your personalised debt solution

Get started now

What's your approximate level of debt?

£

Please enter your debt amount

You must select an answer before you may proceed

Next step

What is your residential status?

Homeowner Rented Living with family Other

You must select an answer before you may proceed

Next step

What's your employment status?

Employed full-time Employed part-time Retired Unemployed Self-employed Other

You must select an answer before you may proceed

Next step

What's your average monthly income after tax? (Please include benefits)

£0 – £999 £1,000 – £1,999 £2,000 – £3,999 £4,000+

You must select an answer before you may proceed

Next step

PayPlan can help you!

We could offer you a solution that will reduce your monthly payments with the potential of freezing interest and charges, and even writing off some of the debt.

The options PayPlan can offer vary depending on your situation, and there is no obligation to progress if you do not wish. We will simply talk through the different solutions to help you decide what is best for you. For more information on the solutions we offer/advise on, please see: DMP IVA Self-employed IVA DRO and Bankruptcy.

Arrange a call Live Chat now WhatsApp Planfinder

You must select an answer before you may proceed

Next step

Name Please enter your name

Email Please enter a valid email address

Telephone number Please enter a valid phone number

Best time for us to call

Now Morning Afternoon Evening

Please select a time to call

I agree to the terms set out in the Privacy Policy

Submit

✕

What is an IVA?

An Individual Voluntary Arrangement (IVA) is an agreement with the people you owe money to. You make affordable payments over a period of time (usually 5-6 years) and at the end, your remaining debts are written off.

✕

What is a Debt Management Plan?

A debt management plan (DMP) allows you to pay back your creditors each month at an amount you can afford. The DMP lasts until you have repaid your debts in full or your circumstances improve.

✕

What is a Self-employed IVA?

A self-employed Individual Voluntary Arrangement (IVA) is an agreement to pay back what you owe whilst still running your business. You make affordable payments over a period of time (usually 5-6 years) and at the end, your remaining debts are written off.

✕

What is a Debt Relief Order?

A debt relief order is a solution available if you are not able to afford any payments to people you owe to. It freezes debts for a year at which time they are written off if your circumstances have not improved.

✕

What is Bankruptcy?

Bankruptcy is a type of insolvency that involves applying to the court in order to clear your debts. There is an upfront fee and you may be required to make payments from your earnings into the bankruptcy for up to 3 years.

How Are PayPlan Debt Solutions Different To Most Other Debt Management Companies?

PayPlan is funded in a unique and innovative way. Rather than charging our clients, we receive donations from the credit industry.

Unlike these and so many other debt management companies, here at PayPlan we don’t charge our clients any upfront fees for debt solutions such as Individual Voluntary Arrangements and Debt Management Plans, instead we receive our income primarily from the credit industry.

That is, your creditors recognise that our debt solutions are a sustainable and realistic strategy in reducing your debts, and agree to arrangements that will typically complete with no fees charged to you.

What Do PayPlan Do?

PayPlan provide free, sympathetic and immediate advice regarding debt and debt-related issues. If you’re worried about debt, there may well be a number of free debt solutions that we can offer you depending on your needs, and we will explain all your options impartially.

Telephone free on 0800 280 2816 or use our debt help form, and your free debt help can begin as soon as you contact us.

More Information on Debt Management

• Other free debt advice providers
• Debt Management Plans
  
• Individual Voluntary Arrangements (IVAs)
• Questions about Debt Management