Settle-My-Debt:
The Debt Management Experts

UK consumers haven't been the only people hit by the recent credit crunch; UK lenders have also been stung. Over the past ten years, much of the banks' business involved pursuing large profits by lending without proper discrimination. Since the current economic problems occurred, they have found themselves burdened with huge amounts of unpaid debt. The lenders are now trying to get as much of the money back as quickly as possible. For this reason they are willing to accept reduced lump sum settlements.

Our staff are experts in debt management, a rapidly changing industry where it's vital to be up-to-date with the very latest legal developments. Because of our dedication, we are ideally equipped to negotiate on our customers' behalf. If you decide to take us on we will deal with your creditors until your debt is repaid. Our large client-list and excellent reputation mean that the lenders know us, trust us and are happy to deal with us.

Our debt management plans work by using part of your monthly payment to service your existing debt, while using the rest to create and grow a lump sum which we then use to negotiate a reduced settlement. The typical final settlement is between 25% and 50% of the original amount owed.

All we need you to do is pay the agreed affordable monthly payment and we will do the rest

If you have a recent history of missed payments or loan applications, both will make it very likely that your debts will already have affected your credit rating. By using our services and taking up a debt management plans with us, your creditors will have accepted a reduced repayment. Because of this settlement, they will want to prevent you from borrowing more and will issue a default notice letting other lenders know that you are currently using a debt management plan.

Our usual advice to clients is that the quickest way for them to improve their credit rating is to pay-off their debt. Once the money is repaid you can start to rebuild your credit rating.

We can typically save you half of what you owe, sometimes more - depending on your age, employment status and who the money is owed to.

With a debt of £10,000 we estimate to get you out of debt for £5,000

With a debt of £40,000 we estimate to get you out of debt for £20,000

The fees are included in the payment plan - we earn our money by settling your debt, so we don't take a fee until we've done just that. There is an initial cost for setting up the account but following this there are no extra costs or surprises.


For example:
For a client on a 36 month plan, we take the first two months of payment as costs for setting up the account but after this we will only take a fee when we have agreed a settlement that saves the client money.

If the amount owed is £10,000 and we manage to settle the debt for £4,000, then we will take our fee from the amount paid to the creditor as a settlement. We operate a no win, no fee service for our debt management services.