Debt Management Calculator

Do you qualify for debt management?

Answer a few short questions on our debt management calculator to find out what debt help might be available to you.

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Please remember, this is just an information tool. We would always recommend you speak to a debt advisor for the most appropriate way to resolve your debt problems.
We'll give you an on-screen recommendation and call you. One of our advisors will be in touch to answer any questions you may have about your results.
Your privacy is important to us. All correspondence is held in the strictest confidence and we will only request information required to find your debt solution.

Debt management is designed to help people who can no longer afford their debts and would like to spread their payments over a longer period. If you think debt management could help you, simply fill in some details on the debt management calculator.

If you would like to know how much you might be able to lower your monthly payments by, speak to one of our debt advisers on 0800 195 2911.

What is a debt management calculator?

All About Money's debt management calculator is simply a tool that will help you to find out if there is a debt solution for your circumstances. Our debt management calculator asks you a few short questions to assess your situation at the moment. From that information, one of our advisers will be able to talk you through the debt solution options that are available to you.

As well as your contact details, our debt management calculator will ask you how much debt you have at the moment (an estimate is fine if you don't have the precise details), your employment status and your location. This information will be used to calculate which solutions could be available to you.

Please note our debt management calculator is only a guide and we would always suggest that you speak to someone for the most appropriate way to resolve your debt problems. You can speak to one of our advisers on 0800 195 2911.

What is debt management?

A debt management plan is designed to help you to repay your debt in full, at a rate you can afford. By spreading your repayments over a longer period, you could lower your monthly payments to an affordable level. However, it will take you longer to repay your debt and it may cost you more in interest overall.

If you already can't afford your debt, or if your debt is growing, it could still be the best option. If you would like to know how long it could take you to repay your debt on a debt management plan, speak to one of our advisers on 0800 195 2911.

What kind of debt can I include on a debt management plan?

A debt management plan is only suitable for people with unsecured debts that they can no longer afford - these debts may include credit cards, personal loans, overdrafts or loans from other sources.

You cannot repay a mortgage through a debt management plan, but it could make your mortgage payments more affordable. That's because your mortgage / rent and bills take priority over your unsecured debts on a debt management plan, and may make your essential debts more affordable, by reducing your monthly unsecured debt payments.

Are there any disadvantages with debt management?

We can't guarantee that lenders will accept lower repayments, but we do have an excellent success rate.

Lowering your monthly payments would mean you are not meeting your contractual agreement with your lenders and will be recorded on your credit record for six years. You may find it difficult to borrow more money during that time.

Are there any other debt solutions?

The right debt solution for you really depends on your circumstances. If you would like to know more about debt management, or any of the other debt solutions that are available, speak to one of our debt advisers on 0800 195 2911.

Get expert debt management adviceIf you would like more information, talk to our team today.

Speak to an expert debt adviser on:0800 195 2911

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Conditions Apply. Repaying debt over a longer period may increase the total amount to be repaid. Fees payable when continuing services provided. Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term. Telephone calls may be recorded for training and quality purposes. Calls to 0800 numbers from BT landlines are usually free, calls from other networks may vary and you should check with your network provider for full details of your service.

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