Debt Interest
Debt Interest is probably the most crucial aspect to your debt. Loans and credit cards normally vary between about 5% and 40% APR on your debts. You can find that on some credit cards over a few years you end up paying back double the amount you borrowed.
Money Managers specialise in debt management plans. We believe that they offer the best solution for reducing personal debts. We advise on IVA's and bankruptcy, and if those options are more suitable we will recommend a reputable company to deal with this for you. With IVA's and bankruptcy your home could be at risk, but with a debt management plan for unsecured debts your home is safe. Debt Management is the most flexible of available debt solutions, and can be the best debt solution for most people. A successful debt management plan allows you to pay off your creditors at a rate you can afford and in most cases with no interest and late charges added to your balance. The money you pay to each of your creditors pays off your debt, with no Injury Claims added. Debt management plans are informal agreements with your creditors and hence can always be changed to suit your changing circumstances. Our debt management plans change and grow with you and your life.
Every client has a dedicated account manager who will deal with all aspects of helping you get out of debt. Your account manager will be with you, supporting you until your debt is cleared and you have your life back. You no longer will have to deal with the stress of dealing with your creditors. Once you are our client, you won't ever have to speak to your creditors again if you wish not to do so. Every time they call, you can calmly tell them that Money Managers are dealing with your debt and that they should call us. Every letter you receive can be forwarded to us, and as soon as we receive it we call your creditors, find out and resolve the problem, and then call you back to let you know the situation. Every aspect of getting you out of debt in the most stress free way for you is covered.
Once you are on a debt management plan with us we will contact all of your creditors and negotiate a payment schedule that YOU can afford. We will do our best to get your creditors to freeze all interest and charges on your debt. We will deal with all aspects of your debt on your behalf and will speak to your creditors regarding all letters and phone calls you receive. If your financial situation changes for the better we will negotiate full and final settlements for your debts. We legally aren't allowed to guarantee how much we will be able to settle your debts for, but we have in many cases settled for a lot less than 40% of our clients outstanding debt.
To find out more about debt management and how we can help, have a look around our site. Take your time, and read all of the information provided to help you. When you are ready please contact us, and one of our friendly debt help advisors will talk with you and show you that there is an easily arranged way out of your debt problems. You can call us or we can call you, you can email, or you can use the live help on the site to anonymously talk to our debt advisors online right now. Money Managers are the debt management experts. We really can help.