Debt Management Plans

Debt Management plans allow your client to make the repayments they can realistically afford once essential living costs have been taken into account. The client makes one monthly payment to TCF Debt Solutions which is distributed to all creditors involved. All interest and charges will be frozen, and typically the new payment amount under a debt management plan is half the amount the client is currently paying, but will depend on the individual circumstances.

  • Ideally suited for debts between £3,000 - £15,000
  • Simple to set up – TCF will manage all admin
  • Allows reduced, realistic payments to be made over a number of years
  • Allows your client to regain control of their finances