If you're trying to work on your finances, and require help in getting organised when it comes to paying off debt, then perhaps a Debt Management Plan (DMP) could be for you.
For those looking to get car finance whilst already in a DMP, chances of acceptance become strained, but you are free to apply and a flexible lender could still help.
What is a Debt Management Plan?
A Debt Management Plan (DMP) is a repayment plan designed to help individuals or families struggling with unsecured debt, such as credit card debts and personal loans.
Your DMP will help you pay back the money you owe based on what you can afford.
Representative Example
This represents an average of the deals that our customers receive on other vehicles
We are a credit broker and a lender. We can introduce you to a limited number of lenders and their finance products. We will provide details of products available, but no advice or recommendation will be made. You must decide whether the finance product is right for you. We do not charge you a fee for our services. Lenders will pay commission to us (either a fixed fee or a fixed percentage of the amount you borrow) for introducing you to them, this may be calculated in reference to a variable factor such as (but not limited to) the vehicle age, your credit score and the amount you are borrowing. Different lenders may pay different commissions for such introductions. Offers available to everyone over the age of 18, subject to credit approval.
