A Your creditors are approached by a well established financial management company Sterling Green. They negotiate a lower payment plan acceptable to both yourself and the creditors. This payment is calculated for you based on your circumstances. You pay one affordable monthly payment to Sterling Green and they distribute it to each of your creditors.
Q By how much can Debt Management reduce my payments.
A The monthly payment is tailored to your individual needs. It is based only on your affordability.
Q What happens if I still struggle with the restructured payments.
A If due to a change in circumstances, the monthly payment becomes difficult, it can be arranged to be reduced further, to become more affordable.
Q Can I increase my payments to clear the debt more quickly once my financial situation is stable.
A Clients are always welcome to make larger instalments, allowing the debt to be cleared at a faster rate. You can also make full settlements during the repayment plan.
Q How do I know my creditors are being paid.
A As the creditors are paid on a monthly basis you receive a receipt confirming the individual amounts paid to them.
Find Out More
To find out more complete our online Apply Now Form and you will have taken the first step to repairing you credit.
You will be called promptly by one of our skilled advisors who will assess your requirements and offer you the best possible UK Debt Management solution.