Repayment Management Plan Explained

RMP consolidates all your debts in to ONE affordable monthly or weekly payment without further borrowing. This allows you to get out of debt by making repayments you can realistically afford.

RMP is an informal arrangement between you and your creditors, negotiated by us on your behalf.

We take details of your debts, income and outgoings, and provide proof to your creditors that you can’t afford current repayments.

You make one affordable payment to us, which we distribute to your creditors. Typically, the new payment is half your existing payments, but will depend upon individual circumstances.