Debt Management Plan
Make one affordable monthly payment towards your unsecured debts. We negotiate with your creditors to reduce or freeze interest.
- FCA regulated
- Always free
- 3m+People helped
- 4.5/5Trustpilot
- 30+Years helping
DMP at a glance
Is a DMP available to you?
A DMP may suit you if…
- ✓You have multiple unsecured debts
- ✓You can afford reduced monthly payments
- ✓You want to avoid formal insolvency
- ✓You want to protect your home and assets
Things worth knowing
- —Creditors may continue to add interest
- —Your credit rating will be affected
- —May take longer than original agreements
- —Creditors are not legally obliged to accept
How it works
Tell us about your situation
Answer a few simple questions about your income, outgoings and debts. Online, by phone, or on WhatsApp.
Find what you can afford
We work out a realistic budget and show you the options that fit your circumstances.
Know your next step
Choose the solution that feels right. We handle everything with your creditors.
Real stories
★★★★★“PayPlan helped me understand all my options without any pressure. I didn't even know a DRO existed before I spoke to them.”
★★★★★“After my IVA completed I felt like a weight had been lifted. The team were supportive through the whole five years.”
★★★★★“I was dreading making the call but they made everything so easy. Within weeks I had a plan and could sleep at night again.”
Is this right for you?
| DMP | IVA | DRO | Bankruptcy | |
|---|---|---|---|---|
| Legally binding | No | Yes | Yes | Yes |
| Debt outcome | Repay in full | Partial write-off | Full write-off | Full write-off |
| Monthly payments | Reduced | Fixed | None | Possible |
| Home impact | None | Equity release possible | Must not own | May be sold |
| Public register | No | Yes | Yes | Yes |