Debt Management

We know that debt is always the worst nightmare. We understand that in today’s economic situation, a change in financial circumstances is not because people have been reckless or even careless, but it is often the result of a change of circumstances. These circumstances, such as loss of income through job changes, divorce or separation, illness or death of a family member and other life-changing events, can put almost anyone into serious financial trouble, much faster than even we think. Most of our clients contact us after attempting to keep up the repayments for a long period, but without any success.

There usually comes a point when they realise that they must take some unexpected action, or they will never see an end to the phone calls and letters from the creditors they owe money to. Their debts are often increasing daily with added interest and charges. And their payments are not actually reducing the balance.

A debt management plan will put you back in control without borrowing more money (experience shows that this can just make things worse). Your debts will be repaid as quickly as possible with only one payment to make along with a realistic chance of getting your interest and charges frozen.

Am I eligible for a Debt Management Plan (DMP) and is it right solution for me?

A common question that many people ask these days: Is the Debt Management Plan the right solution for me? And am I eligible for it?

Let’s have a look! First of all, congratulations! If you are reading this page, you are already actively researching ways to responsibly eliminate your debt and begin to create the financial future you desire.

Please know that ACME Credit Consultants Ltd will do everything within our power to provide you with the needed support to get from where you are now to exactly where you want to be financially.

In order to determine the Debt Management Program (DMP), you should consider whether any of the following situations apply to you:

Am I Eligible For A Debt Management Plan (DMP) And Is It Right Solution For Me?

If you fit into any of these scenarios, then the ACME Debt Management Program is probably an ideal choice for you to take back control of your finances.

Debt Management Plan

With a Debt Management Plan (DMP), your debts are repaid to creditors on a pro-rata basis over an agreed period. This payment is determined by the amount you can reasonably afford after your normal cost of living has been deducted from your income. And it will be presented to your creditors by us. Creditors are not obliged to agree to the Debt Management Plan, but they are more likely to accept it once they have been made properly aware of your true position.

With a Debt Management Plan (DMP), your debts are repaid to creditors on a pro-rata basis over an agreed period of time

Once your creditors have agreed to a DMP, it is your responsibility to continue paying the agreed payments to their administrator. Normally, the debt management company that drafted the plan will ensure that these payments are distributed promptly, on a pro-rata basis, to all creditors until the plan has been successfully completed.

Each DMP should be regularly reviewed, especially to consider whether creditors would accept an early settlement. Once a DMP is completed, you will be considered debt free and able to make a fresh financial start.

Acme Credit is fully authorised for its debt management plans. Our debt administration team will always supply you with detailed time and fee calculations on new file setup and file review operations. Please read and understand these before approving them.

Debt Management Benefits

We are proud to offer our DMP, the quickest way and most efficient way to become debt-free without damaging your credit. By enrolling today, you can take advantage of important benefits that will help you get on the road to a financially secure and debt-free future.

You pay only what you can comfortably afford

We can turn your debts into one single affordable monthly payment.

Tailor-made to suit you

Our advisors will go through your income and expenditure with you and agree on an affordable monthly payment that allows for all your day-to-day living expenses.

Your Creditors Are Handled by Us

We handle all the paperwork, communicate with your creditors directly, and negotiate reduced repayment terms on your behalf.

No Harassing Phone Calls & Mails

Your phone will stop ringing with collection calls. As your creditors accept your DMP proposal and update their files, the collection calls and emails will quickly drop off.

We Aim to Freeze or Reduce Interest and Charges

The interest and charges on your account will be frozen or reduced. It means that a larger portion of each payment goes toward the principal, and you won’t be charged those expensive late and over-limit fees (which add up quickly!!).

If you are struggling with debt problems and need to set up a debt management plan, contact us today and get a personalized debt management plan for your needs and situation. We also provide free debt advice and free appointments with confidential services