About Us

We are one of the first organisations in the UK to offer Debt Settlement. This means that we will negotiate with your creditors to get you debt free cheaper and sooner than any other debt management plan or IVA can do. We offer all our customers a money back guarantee, if we are unsuccessful in reducing your debt.

Right now the UK is suffering under a blanket of debt and there are millions of people who have been trapped with debt issues, often through no fault of their own. Unlike many of our competitors, we provide a debt counselling service that puts YOUR needs first. There are many companies who say they provide a FREE Debt Management Service, but actually these companies act on behalf of your Creditors - the people you owe money too!

Our trained Debt Councillors are on hand to provide you with a solution to get you debt free quickly and in the most economical way. We are a customer-focused organisation and therefore you will receive the best advice for your situation. Whether its credit card help, unfair charges, high interest rates, county court judgements (CCJ’s) or enforcement notices, we are here to help with the right advice.

Unlike many of our competitors, getting you debt free as cheaply and as quickly as possible our main concern. We have highly skilled and capably staff who are here to offer you all the help and correct advice to become debt free sooner.

Remember the sooner you are debt free, the quicker you can get on with your life again.

Traditionally most people turn to a debt management because they are being hounded by lenders day and night and they can no longer coupe with the stress. The average customer has approximately 8 creditors and owes £30,000. You can see how this could be stressful.

A debt management plan is an excellent option for the right person. The problem often is that too little care is taken by the debt management company to ensure that the product is right for the individual. At Settle-my-debt we listen first to our customers and deliver want they want. Many of our packages are bespoke to suit our clients. We work hard to get you debt free, quicker and cheaper by careful negotiation with your creditors.

If by paying your unsecured debts you are no longer able to afford to live - ie pay for food, travel expenses to work, pay your mortgage or rent, then a debt management plan will work perfectly for you.

If you are starting out in life and you are you have a good income and a low amount of debt, then it is probable that a DMP would not suit you - if in the near future you know you will want to buy a car, borrow more money or start a new business with borrowings, then simply being on a Debt Management Plan will have negative impact on your credit rating, and you will not be able to obtain unsecured debt.

However, life is not as simple as that, and the above does not give the full story. Depending on your earnings potential, how much debt you have and at what rate (APR) it is being leant, these factors will provide a clue as to how you can become debt free sooner. If you are in any doubt, please contact one of our advisors for more information.

If you owe £20,000 and only earn £10,000 then by simply doing nothing but paying the interest you are caught in the creditors trap. You will take a very long time to pay back the money and you will give them a very health profit on their loans.

It does not matter if you earn £100,000 per annum, if you owe £50,000 then you are in a similar situation as the low income customer- you must seek immediate help if you are going to break this lending cycle. If you are paying back large amounts of interest each month, you have become nothing more than a cash cow for your creditors. You are now working everyday to pay back interest on your debts. Remember, the lenders want you to borrow the maximum amount of money, so you pay the most interest back! They don't want you to pay the money back, they want you to only just manage to back the minimum each month, so they can charge more interest.