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Our charges explained.

UK Money Solutions

Debt Management.

Our debt management fee is 10%, however we do not add this on top of your debt, instead we only make this if we save you at least this amount.

For example, if a client is £10,000 in debt and pays £200 per month, we guarantee to clear the debt within 50 months (10,000 divided by 200 = 50)

How can we do this?

We are very confident in our ability to either reclaim your cash, write off unfair debts or negotiate settlements. So confident in fact that if we don't clear your debts for what you owe or less, we won't get paid.

Bank Charges / Credit Card Charges / Payment Protection Refunds

Our solicitor's 'I-Smart' charge 25%+vat for providing this service. If your award is used to reduce the debt that we are managing rather than paid directly to you, we will integrate this charge into the debt management plan.

Unfair Credit Agreements

£295 audit fee per agreement, fully refundable if the agreement is fair. We DO NOT take a percentage of your compensation at the end. We can take a percentage from your debt management plan on a monthly basis to pay the audit fees, or you can pay seperately to get the agreements in for audit immediately if you so wish.

Combine our solutions for maximum savings.

Who else can do this?

We believe that one of the features that makes us attractive and different to other 'debt help' companies is the fact we can combine many of our services to save our clients the maximum amount of money possible.

Take the following scenarios for example:

Example A.

Client owes £20,000 on 3 credit cards, an overdraft and a loan, cannot afford the normal repayments of £500 a month.

Average Debt Management Company plan:

  • Reduce payments to £200 and extend length of payments to 110 months. 
  • Total Payable = £23,000 (15% management fee).

UK Money Solutions plan:

  • Accept same monthly fee of £200.
  • Reclaim bank charges and credit card charges reducing the debt to £18,500.
  • Reclaim Payment Protection Insurance on the loan, reducing debt to £16,500.
  • Submit 2 credit cards and the loan for audit, the cards are written off as unenforceable but the loan is deemed enforceable. Debt reduced to £9,500.
  • Total amount payable with 10% charge = £11,500.
  • Debt free in under 60 months

Example B.

Client owes £30,000 on 4 credit cards and 2 loans but does not want to upset credit rating.

Average Debt Management Company Plan:

  • Cannot assist client without upsetting credit rating.

UK Money Solutions Plan:

  • All agreements submitted for audit, 3 cards and 1 loan written off leaving client with just £8,000 of manageable debt without upsetting credit rating
  • PPi recovered on the outstanding card and loan leaving client with just £5,000 left to pay
  • Total payable including fees, approx £8,000 
  • A saving of £22,000 without upsetting credit rating.

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0844 993 3240