Debt Management Plan (DMP)
Reduce debt with one affordable monthly payment
- 100% confidential debt advice
- Cancel anytime
- Potentially stop interest & charges
We’ll explain all fees and risks clearly, so you can make an informed decision.
To discover more about how to manage your debt and to receive free debt advice, you can visit www.moneyhelper.org.uk.
To discover more about how to manage your debt and to receive free debt advice, you can visit www.moneyhelper.org.uk.
How we helped Steven
- Credit cards
- Debt collection agencies
- Mobile phone contract
Steve owed more than £6,000 to eight different creditors. Over time, the debt became hard to manage, and some accounts were passed to a debt collection agency.
Steve has not been able to tell his partner about the debt and told us he was struggling to sleep.
After speaking to MoneyPlus, Steve set up a Debt Management Plan. We worked with him to agree an affordable monthly payment of £100, which includes our management fee. All interest and charges on his included debts were frozen.
Steve is now two years into his plan, with four years and six months left to go. In his most recent annual review, he told us he feels happier and no longer worries about unexpected bailiff visits. He knows what he is paying each month and feels confident he can keep going.
£6,128
Total debt
8 Debts
Interest & charges frozen
£100
Monthly payment
Read video transcript
Steven: Don’t be scared like you know, if you’re burying your head in the sand and it’s not going to go away, is it?
And if you’re struggling, talk to someone you know, once you take that first step, you’ll see you’ll and you’ll feel like there’s a weight that’s been lifted off your shoulders.
Simplify your debts
One affordable monthly payment, no more juggling debts
Breathe easier
2 in 3 people feel less stressed since getting support*
Personalised advice
97% say our advice fits their situation*
Simplify your debts
One affordable monthly payment, no more juggling debts
Breathe easier
2 in 3 people feel less stressed since getting support*
Personalised advice
97% say our advice fits their situation*
*MoneyPlus customer survey 366 respondents May 2025
We help with different types of debt including…
Buy now, pay later
Credit card
Overdraft
Payday loan
Store card
Bank loan
Buy now, pay later
Credit card
Overdraft
Payday loan
Store card
Bank loan
See how we saved £606 for our customer Melanie
Melanie
was £22,000 in debt
Debt includes
- Credit cards
- Loans
- Catalogues
- Buy now, pay later
Before entering a Debt Management Plan
£739 per month
As a MoneyPlus Advice customer
£133 per month
Payment reduction of £606!
“
All staff are amazing… nothing ever seems like too much trouble.
– Linda, West Yorkshire
Originally owed over £14,000 to 8 different companies
How we help:
We know dealing with debt can feel like a lot. We keep things clear and straightforward, and our experts support you through each step.
Here’s how it works.
Contact us
Start online with our debt advice tool or speak with an expert advisor. We’ll listen to you and understand your debt situation.
Discover your options
We’ll tailor advice to your situation and recommend the best way forward. Whether that’s one of our plans or something else, we’ll always do what’s right for you.
Move forward
If a managed solution is right for you, we’ll contact your creditors and tell them you’re with MoneyPlus. If not, we’ll show you who can help.
Can a Debt Management Plan protect me against bailiffs?
While a Debt Management Plan cannot guarantee that bailiffs will no longer come to your door, having an agreed repayment plan in place could help keep your assets safe.
As bailiffs are typically a last resort for lenders, setting up a Debt Management Plan is usually an indication that you plan to repay your debts, and should reduce the risk of legal force.
Still not sure?
We understand that no two money worries are the same.
That’s why we tailor our support to your situation, helping you find the right way forward.
Not ready to chat? Start with our online advice.
