Request a call

Your Name Your Contact Number Total Owed Number Of Creditors Email I accept the Terms & Conditions.

Debt Management Plan Qualifying Criteria

As with any debt solution, it's important to make sure that a debt management plan is right for your individual circumstances.

The information below provides a basic summary of the main eligibility criteria, but you should always call us for debt advice tailored to your situation;

Only unsecured debts can be included in your debt management plan e.g. personal loans, credit cards & store cards
You must be able to demonstrate that you're having problems meeting your monthly unsecured credit repayments as and when they are due
Your unsecured debts must be held with at least 3 different organisations to be eligible
Your level of unsecured debt typically has to be around £8,000 to make a debt management plan suitable and not more than £15,000
Your disposable income every month needs to be at least £100 so you are able to make a worthwhile contribution to your creditors

To learn more about debt management plans together with the advantages and disadvantages, see our debt management plan information page.

Alternatively, contact us now and one of our advisors will talk you through everything you need to know about debt management plans and answer any questions you have.