Ashley Park Debt Solutions

Ashley Park:Debt Management

Debt Management - The Costs

Debt Management is subject to two costs, a one-off set-up fee and a regular monthly management fee.

When you sign up to a Debt Management Plan, your first two initial repayments are made to us. This is an administration charge and covers the setting up of your account, including negotiating with your creditors and organising the right documentation for you. This administration charge is the equivalent of two monthly repayments whilst on the plan.

Once you are on the plan, our monthly management fee is 17.5% of your regular monthly repayment. However this comes with a minimum and maximum fee bracket. The minimum fee we will charge is set at £35.00 whilst the maximum fee is £100.00.

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Considerations when applying

Subject to eligibility and acceptance with fees payable. Telephone calls may be recorded for training purposes..

Repaying debt over a longer period may increase the total amount to be repaid. Your ability to obtain credit will be affected in the short term and might be affected in the medium to long term.

Delays in payments to creditors, due to initial fees being taken, will result in arrears, or further arrears occurring.


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