What is Debt Management?

 

If you find yourself in debt, then Betterway is here to help.

By making one simple affordable payment to us, we are able to negotiate with your creditors and provide the evidence that they require that you are unable to afford their current repayment levels. Debt management effectively gets you out of debt by allowing you to make repayments that you can actually afford, rather than having to struggle to survive month after month. No matter how much debt you have, Betterway can help. We have extensive experience dealing with all sorts of creditors – and sorting out the debt problems of all types of people from all walks of life.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

 

Why Debt Management?

Here are some of the reasons why you may want to consider debt management:

 

• Increased Flexibility. In the event that your financial circumstances change one day, you can adjust payments accordingly once you are enrolled in our debt management program.

• Lower payments. Once your every day needs such as rent and food are accounted for, your debt payments will be based on your remaining disposable income. But there are a lot of less obvious things that can be included as essential living expenses. This is why it is a good idea to work with Betterway, as we can help you in identifying those needs to your creditors.
• Less hassle. Instead of having to make several payments, with Betterway, you make one payment and we forward the payments on to your creditors on your behalf.

• Avoid direct contact with your creditors. All correspondence with creditors will be taken over by Betterway – that way you do not have to deal with the hassle of dealing with them directly.
• Avoid fees on late payments. In the vast majority of cases, we are able to have interest payments stopped upon entering in to the debt management program.
• Avoid putting your home at risk. With our debt management program, you can avoid the risk of having your home re-possessed.
• Avoid the legal system. Debt management is an informal arrangement – no need to go to court to get everything sorted out.

For anymore infomation on Debt Management give our friendly trained advisors a call on 0844 800 4564