Debt Management

Debt Management

Debt Management

Reduce your monthly outgoings with Debt Management

If you can't afford your monthly payments to credit cards, store cards, loans and overdrafts, our debt management plan can replace them all with a single affordable payment. We could also stop demands from your creditors and even reduce or freeze interest and charges on your debts.

Debt management can be the easiest and quickest solution to your debt problems. If you take out a debt management plan with us, we will review your financial situation and determine the best repayment scheme available to you. This means, how much you are able to pay over a certain amount of time.

We will then act on your behalf to negotiate these repayment terms to every party you owe money to. This means you no longer have to deal with creditors (the people you owe money to), bailiffs or anyone else demanding money.

What a debt management plan demonstrates to your creditors is that you are very serious and committed to repaying your debts in full. It gives you peace of mind that you are dealing with your debt problem in a structured way and can now see the route forward to a debt free life.

Whilst it is true that creditors are not bound by a debt management plan, because it is not a legally binding agreement like an IVA, many of your creditors prefer this type of arrangement because it reduces the cost of their collections, and they get a better financial return than if you enter an IVA or are declared bankrupt.

Allowing us to set up your plan means we will handle all communications with your creditors and if you do continue to get any letters in the mail, simply forward them to us and we will deal with them. Our comprehensive service means you no longer need to discuss your debts with a bank or credit card company, instead you can relax with confidence – your finances are under control.

How Debt Management Helps

Lower payments.

Payments are based on disposable income once essential outgoings such as rent and food are budgeted for. Many non-obvious items can be included as essential living expenses, please contact us for full details.

One payment.

Less hassle, you pay us and we forward payments to your creditors.

No need for creditors to contact you.

You can advise your creditors that NDC are dealing with your debts and you may refer any correspondence from your creditors to us.


If your financial circumstances change for the better or the worse, you may adjust payments accordingly.

No charges for late or missed payments.

Often we can achieve to have interest payments stopped at the point of entering the debt management plan.

No need to get involved in legal proceedings

Unlike an IVA, debt management is an informal agreement, not involving the courts nor requiring minimum debts.

Does not put your home at risk

Unlike a secured debt consolidation loan, you do not run the risk of having your home repossessed should you not be able to make payments.

Why NDC?

We handle thousands of enquiries per month, and as one of the UK's leading debt solution companies, offer a range of solutions. Therefore you can be assured we recommend debt management only when it is the most appropriate solution for you. Our qualified advisors will give you information and advice on our Debt Management services and they will illustrate how they could potentially help you.

Debt Management