Debt Management Plans

People often feel that when they get into debt there’s nowhere to turn, and nobody to talk to. At Sky Financial, we believe a tailor-made debt management plan is an effective way to help you repay your debts and put you back in control of your finances.

  • A single, affordable monthly payment -from £100 per month
  • Freeze interest and stop charges- so you're paying off the debt itself
  • We'll handle all letters, phone calls and negotiations from your creditors
  • If your financial circumstances change, we can adjust the payment accordingly
  • Take control of your debts without a loan.

A Debt Management plan is an informal arrangement between you and your creditors. We can help contact all of your unsecured creditors on your behalf, and negotiate with them to agree reduced payments.

You repay your debts at a rate you can afford and we are here to remove the stress by dealing with your creditors. With only one monthly payment to make and a realistic chance of getting your interest and charges frozen, your debts will be repaid as quickly as possible. 

We offer a range of solutions and therefore you can be assured we recommend debt management only when it is the most appropriate solution for you. 









Debt Management: Subject to status. Conditions Apply. Repaying debt over a longer period may increase the total to be repaid. Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term. Fees Payable. IVA, an IVA is a serious undertaking, it may damage your credit rating for up to six years. If you own a property it will be safe in an IVA, however you may be required to remortgage and release additional funds for creditors after three or four years.

Calls may be recorded and monitored for quality and security purposes CALL 0800 980 8901 | Office hours: Mon-Thurs 8:30am - 8:30pm Fri 8:30am - 6:00pm Sat 8:30am - 3:30pm.

Sky Financial, FREEPOST SMC4531, Manchester, M1 3DR, UK.

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