Debt Management

• Debt Management Private Policy

A Debt Management Plan from freedebtline allows you to repay your debts at a level you can realistically afford once you have met your living expenses.

Freedebtline is an Introducer to a Debt Management Company.

Key Benefits:

• A single monthly or weekly payment. No more juggling multiple payments. We distribute payments to all your creditors
• No more juggling multiple payments. Payments are distributed  to all your creditors
• We deal with your creditors and collection agencies. You can refer letters and phone calls to us – we’ll represent you.
• Flexibility. If your circumstances change, you may be able to lower or raise your payments accordingly or decide you no longer need our services. There is no binding contract.
• If your plan is accepted by the lender, then late payment charges and interest will stop.

What is Debt Management?

Debt Management is an informal arrangement with your creditors (the companies you own money to) negotiated by our associated Company, which allows you to repay credit at an affordable level. This can be a short term solution to see you through a sticky patch, or longer terms for those not qualifying for an IVA. Payments are based on what you can afford, not how much you owe.

Complete Financial Management

We take a holistic approach to helping our clients’ repay credit so our associated Company can offer a full financial review as part of the service. This includes ensuring clients are informed of the state benefits to which they are entitled and are with the cheapest utility supplier for their address and usage.

Key Information About Debt Management

• Unsecured debts only.
• Initial debt advice is free but fees are payable if a debt solution is agreed.
• A key benefit of the Plan is the ability to only repay what you can afford each month. A consequence of this is that it will take longer to repay your debts, and creditors do not have to agree to freeze interest and charges.

Data Protection Registration Number Z1624470
Consumer Credit License Number is 631173
BCK Ltd. is Regulated by the Ministry of Justice in respect of regulated Claims management activities.
Registration Number is CRM 18778.
www.freedebtline.com is a subdivision of BCK Ltd.
Company Registration Number 04417461. Registered in England and Wales.