Is PayPlan a debt management plan?

Payplan is currently one of the largest commercial debt help organisations in the UK. The company has been running for 17 years and is part of the Totemic Group. Payplan offers a variety of assistance including free debt management plans, alongside other debt solutions such as individual voluntary arrangements.

Should I use PayPlan?

PayPlan will ensure you include your secured debt repayments in your income and expenditure budget right from the start. This should mean you never get into arrears with your secured debts, and PayPlan strive to help you budget sensibly when you are in a DMP.

How are Payplan and other debt management companies funded?

*Charges are made by these other debt management companies for the arrangement of a Debt Management Plan (information correct as of 15th December 2016). How are PayPlan Funded? We receive donations from the credit industry. Our debt advice and debt management plans are 100% free.

How much is left on my Payplan debt plan?

Now my estimated remaining debt is £4,086.53 – but until 3 September it stated I had around £143 left to pay. JS, Thanet, Kent PayPlan, which offers free debt management plans (DMPs), was quick to dust down your file and peruse its contents but it took a while to get hold of all your creditors.

Where can I track my Debt Management Plan?

With PayPlan you can track your Debt Management Plan’s monthly payments online using our exclusive free PayPlan Plus website.

Do you have to pay for a DMP with Payplan?

PayPlan don’t charge their customers anything for their DMP services because we believe every penny you pay should go towards your debts. With lots of fee charging companies closing down, we have created an online DMP calculator so you can see how much money you could save if you opted for a free debt management plan.

Do you have a Payplan debt management plan?

JS, Thanet, Kent PayPlan, which offers free debt management plans (DMPs), was quick to dust down your file and peruse its contents but it took a while to get hold of all your creditors.

How does a debt management plan ( DMP ) work?

A Debt Management Plan (DMP) is an informal agreement between you and your creditors, where you arrange to pay off your debts through lower monthly payments than you are currently responsible for. Your creditors may agree to freeze interest and charges, which gives you the reassurance that your debts are not continuing to grow.

With PayPlan you can track your Debt Management Plan’s monthly payments online using our exclusive free PayPlan Plus website.