Is Debt Management the solution for you?

Debt Management is one of a number of debt solutions available for people struggling to pay off their debts. MRA offer free debt advice and counseling.

We offer debt management to anyone where it is agreed to be the best debt solution for their circumstances.

What is Debt Management?

Debt Management involves informal talks with your creditors to reduce your debt repayments to a level you can comfortably afford.

  • No property is at risk
  • Debt management is friendly to your credit rating

We can help you work out exactly how much you can afford to pay each month towards your debt, after all of your living expenses have been considered. This may be far less than your creditors are asking you to pay.

We negotiate with your creditors to ...

  • Freeze or reduce interest, or
  • Stop repayment penalties, or
  • Write off part of your debt, or
  • Extend the loan repayment terms

Single Monthly Repayment

To make it easy for you, we combine all of your debt repayments into a single, affordable monthly payment. This payment is quickly and fairly distributed to your creditors.

Debt Management Single Monthly Repayment

Key Facts about MRA and Debt Management

  • Our advice is free, honest and could change your life. If Debt Management is not for you, we will advise an alternative debt solution.
  • We offer our services to anyone who is in trouble with debt in the UK. Our MRA office is located in Battle, near Hastings, in East Sussex.
  • MRA are Licensed Debt Counsellors (under the Consumer Credit Act 1974)

Benefits

  • Friendlier to your credit rating than Bankruptcy or an IVA
  • No property is at risk
  • Low cost to setup compared to IVA or Bankruptcy
  • Flexibility if you run into difficulties
  • We hold informal negotiations to
  • Freeze or reduce interest
  • Write off part of the debt
  • Extend repayment terms

Comments

  • I want to thank MRA for all the advice and help you gave me when i was contemplating bankruptcy ...

    Mr S., East Barnet, Herts

  • What impressed me was the understanding and empathy shown to me at all times not only by Mike, his wife Carol and his staff who dealt rapidly with all the obstacles that my Bank and Building Society bombarded me through my letter box ...

    Littlehampton, West Sussex

  • My debts are almost paid off and I feel happy again.

    Mr & Mrs F, Eastbourne

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Have a Question?


Other Debt Solutions

0800 612 92 23

MRA Business Solutions Ltd, 3 Old Ladies Court, High Street, Battle, East Sussex. TN33 0EN

Our offices are located near Hastings, Eastbourne, Lewes, Brighton and Tunbridge Wells