An Offshore Business

Debtready providing Debt Management for UK residents. Consolidate your loans and pay off your debts. Apply Online for your debt management program. Keywords: debt, management, consolodate, conslidate, fresh finance, reduce credit, help, credit, problems, ccjs, default, iva, deed, credit cards, overcommitted, unsecured, secured, bankloans, loanbrokers, loan

Debt management does not supply you with another loan, we can provide a service that can help clear you debts, whether it be from personal loans, credit cards, retail department store cards, lines of credit, student loans, medical bills etc. We can reduce your monthly bills by up to 60% replace them all with one single affordable monthly payment. Our Personal Advisors will negotiate to reduce your repayments with your creditors on your behalf.

We will find a comfortable payment for you, giving you just one cheque to write each month. Once we receive your payment, we request that your creditors freeze or reduce their interest charges and therefore agree to a new and often lower monthly payment. Where interest charges are frozen, the money we pay to your credit companies is taken off the debt rather than being used to pay interest charges

How do I know my debts are being paid ?
We will apportion any payments received from you for distribution between your creditors based on how much each is owed. We will issue a statement showing how much each creditor will receive. This remains fixed unless your circumstances change. We will also issue a quarterly statement showing all transactions on your account. In addition to this, you will still receive your statements from your creditors. We distribute funds within a week of them clearing.

Will this affect my credit rating ?
When entering into a debt management or IVA agreement, you will be breaking the terms of your initial repayment agreement with your lender. This may have an adverse effect on your credit record. Due to time required arranging and distributing payments to creditors and delays in making first payment into the programme from clients, contractual payments to creditors may be missed.

How do you charge for your services ?
Unlike many of our competitors, Debt Ready don't charge 15% monthly management fees. Our monthly management fee is a fixed amount based on the number of creditors that we have to pay on your behalf, furthermore that fee is fixed for the duration of your plan. The result, therefore, is that less of your monthly payment will be paid to us and more of your monthly payment will be paid to your creditors, resulting in your debts being paid off quicker.