What is a DMP
How it helps
- Get more time to repay your unsecured debts – credit cards, loans, overdrafts etc.
- Make one affordable monthly payment towards all of your unsecured debt.
- You’ll be left with enough money to cover all your essential living costs.
Things to consider
It’ll take you longer to repay your debt.
We’ll need to check a DMP is suitable. If not, we’ll suggest other ways to deal with your debt.
We can’t guarantee your lenders will accept lower payments or freeze interest and charges but they normally do.
Your credit rating may be affected.