What do I pay the fees for?

You are paying for a professional, personal service and employing our skill, expertise and experience of dealing in the finance industry. This ultimately provides you with peace of mind that your creditors are being paid regularly at an amount that you can afford through our debt management plan.

An Initial Fee equal to 2 months disposable income will be retained from your initial payment(s) to your plan. Thereafter a monthly fee equal to 17.625% of your monthly agreed disposable income will be charged, subject to a minimum fee of £35.00.

On receipt of your first payment we will issue to you a key features document and estimated fees schedule. If for any reason you wish to cancel we offer a seven-day cooling-off period from the date of this letter in which we offer a full refund of any fees which we have taken. After the seven-day cooling off period you may end this agreement by giving us four weeks notice in writing.

Back To "FAQ - Debt management help and advice"

Every effort will be made to encourage your creditors to freeze interest and other charges. Please note that if your creditors refuse to freeze interest, paying the same debts over a longer period of time will increase the total amount to be paid.
Entry into a debt management plan will affect your credit rating. For more information see key information and fees.

Calls to "08000 481 778" Free of Change from a BT landline. Mobile and other operators may charge. Mobile users may find it cheaper to call "01204 555 264"
© DebtMatters Ltd. 2011
DebtMatters Ltd. Registered Office: Bridgeman Court, Salop Street, Bolton, BL2 1DZ. Consumer Credit License : 627372. Data Protection Registration Number : Z6082444.