No. Financial management companies offer repayment programmes that are NOT consolidation loans. They help you work out an affordable monthly repayment figure based on your income and expenditure commitments, and administer and distribute payments to your creditors from that amount each month.

2. No. We will deal with all of your unsecured credit and non-priority debts. This includes personal loans, credit cards, overdrafts, catalogue debts, etc. Other types of debts must be given priority because of the serious consequences of not maintaining regular payments. You must continue to make these payments yourself. Examples include your rent or mortgage, any loan secured against your property, hire purchase agreements, council tax and utilities such as gas, electricity and water. When we assess your financial situation, we make suitable allowances for you to be able to afford your priority debts and your day to day living costs before we calculate how much you can afford to pay towards your other creditors.

3. Because we negotiate lower monthly repayments on your behalf, your debt will take longer to repay, however the repayments will be affordable. Our programme is only offered to clients who, because of their financial circumstances, cannot afford to make the minimum payments required by their creditors each month. Our service allows you to make an affordable payment, every month, towards reducing each of your debts - instead of continuing to struggle, having to miss payments and incurring additional charges. The programme is focused on you and your ability to pay, and if your circumstances change, then Be Debt Clear Ltd can revise your programme accordingly.

You can. Be Debt Clear Ltd is here as an alternative because many people don’t feel equipped to negotiate for themselves, or they’re too busy, stressed, emotional or depressed to deal with creditors. Sometimes the relationship with your creditors may have broken down, or you are simply unable to meet your creditors’ demands. That’s where we can step in on your behalf.

At, Be Debt Clear Ltd we are committed to being completely clear and open about the charges for our services. Your first monthly payment is an initial fee for setting up our Payment Programme and is not paid to your creditors. This will place your accounts into arrears or further into arrears. There’s a monthly fee of 15% included as part of your affordable monthly payment (subject to a minimum of £30.00 and a maximum of £100.00). The set-up fee includes: • Compilation of the Draft Programme • Appointment of a dedicated Personal account manager • Communication with your creditors either in writing or by telephone • Preparation of the financial statement • Calculation and issue of the reduced repayment proposals

The initial fee is not refundable, however we give you a 7 day ‘cooling-off’ period so you can be sure you’ve made the right decision. If you decide to withdraw from the Programme within 7 working days from the day you confirm acceptance of our business terms or, if earlier, from the date we receive your first monthly payment, we’ll refund your initial fee. If you remain on the Programme for its full term, we’ll waive our fees over the final six months to the total value of your initial fee.

Be Debt Clear Ltd offers a dedicated service designed to suit your individual needs. Contacting us by telephone will put you in touch with a fully trained Initial Adviser who will make a detailed assessment of your financial situation and offer the most appropriate debt management solution for you. Your Account Manager works closely with the credit industry, using their skill and experience to negotiate suitable repayment arrangements on your behalf. The day-to-day management of your account will be dealt with by your Personal Account Manager who will also be on hand to answer any queries or concerns you might have. We will keep you up to date with our progress through regular correspondence in the early days. Throughout your Financial Management Programme we will carry out regular reviews of your finances and negotiate new arrangements with your creditors whenever your situation changes. Above all, you’ll have the peace of mind that comes with knowing that your finances are being managed professionally and your creditors are being repaid regularly at an amount that is affordable to you.

We’re in daily contact with creditors and have built up excellent working relationships with them. Many years of experience has shown that most creditors welcome a reasonable payment proposal that’s agreeable to both parties. Whilst we are able to negotiate reduced payment terms and the freezing of interest on your behalf, creditors are not obliged to freeze interest or to accept reduced repayment arrangements and unless they do repaying the same debt over a longer period of time will result in an increase in the total amount you have to repay.

Joining our Financial Management Programme won’t directly affect your credit rating. However, if you are experiencing financial difficulty your credit rating may have already been affected. Any of your creditors may issue a default notice to register the fact that your original agreement with them has not been maintained, and the credit reference agencies provide information about your full financial history to other potential lenders.

No. There is no charge for leaving our Financial Management Programme, but we do ask for two weeks’ written notice. This gives us time to inform your creditors and ensure a smooth transition back to you. Your initial payment covers the cost of setting up our Financial Management Programme. For the many clients who complete the programme, we waive our management fees during the last six months to the value of that payment. Also, if you decide to change your mind after our agreement has started, we offer you a cooling-off period of 7 working days.