Informal Debt Arrangements

Manageable Repayment Terms For A Brighter Future

What Is An Informal Debt Arrangement?

An informal debt arrangement is where we work with you to develop a plan to manage your debt. We liaise with your creditors for favourable payment terms, with the aim of reducing interest and the balance. We can help you by then managing your payments for you, and you pay one simple payment to us. You still have to pay out your debt, but we do all we can to minimise the costs and make it easier for your to deal with multiple payments.

informal debt arrangement
renegotiate debts

Benefits of Informal Debt Arrangements

  • We can help negotiate your current credit terms
  • This will not affect your credit longer term as much as a Formal or Part IX Debt Agreement
  • We can manage your payments for you
  • You only pay us one payment and we pay your creditors for you, so you can relax knowing that your debts are being managed
  • Informal debt arrangements do not appear on the public register and are less likely to appear on your credit file
  • You don't have to declare all assets
  • You still need to pay off your debt under the arrangement
  • You have to stick to a budget as part of the terms of the arrangement.

Why Stress about Debt When We can help today?