Debt Management

A debt management plan allows you to manage your finances in an informal agreement with your creditors by making one single affordable monthly payment.

Newtomorrow acts as an agent between you and your creditors (the people you owe money to). We will contact your creditors and arrange a repayment plan. Once we have done this you will pay Newtomorrow an affordable regular payment which will distribute amongst your creditors in accordance with the negotiated plan. 

The benefits of a debt management plan are:

• One payment a month makes money management easier;
• Someone else manages your debts, freeing up your time;
• We will negotiate with your creditors to try and freeze or reduce your interest payments;
• You can stop the plan at any time without any penalties.

If you think that a debt management plan is right for you then call Newtomorrow today on 0800 678 1234 or text your name and number to 07624 805 607.