Personal Debt Management Plans

Our Debt Management Plan is a solution that will remove the stress of overwhelming debt and consolidate your current credit commitments into one affordable monthly repayment. 

The amount you pay each month depends on what you can afford based on your income and expenditure (such as mortgage, council tax, utility bills). This means that you are able to meet your essential living costs and still afford to make repayments to your debts. 

Here's how the plan works:

• One of our specialist advisors will asses your current financial situation and credit commitments to calculate an affordable monthly repayment for your debts.
• Once your plan is set up, you will be allocated your own dedicated Account Manager who will guide you through the plan and is on hand to provide advice and answer any questions you may have.
• We will handle all of the administration relating to your debts.
• We will negotiate with your creditors to accept reduced payments and freeze interest and charges where possible.
• We will distribute your payments to your creditors.
• We will keep regular contact with you to keep you updated with the progress of your plan and complete financial reviews to account for any changes in your circumstances. 

Apply Online to see the solutions available or call 0800 731 2433 to speak direct with a debt advisor for impartial advice in total confidence.

If you already have a Debt Management Plan with IDS and wish to speak to an Account Manager, please call 0845 371 0422.