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What is a Debt Management Plan ?
A Debt Management Programme is an arrangement to pay your creditors at a level that
you can realistically afford. Cornerstone Financial Management will professionally
set up and manage your plan by dealing directly with your creditors on your behalf.
This will enable you to pay your essential livings costs more easily giving you
peace of mind .
Why will my creditors accept reduced repayments ?
Cornerstone Financial only help people who are genuinely unable to meet their credit
commitments. In most cases creditors welcome our clients dealing with their situation
head on and will accept significantly lower repayments. In many cases it is necessary
to freeze interest and charges.
What happnens to my credit rating ?
Your credit rating may be affected if it has not already been: however, since you
are already experiencing problems maintaining payments, doing nothing will most
likely affect your credit rating anyway. When your plan has been completed, we will
provide you with a formal letter to confirm that all yours debts are satisfied.
The payments history you build with us will be a valuable recommendation later.
Are your services confidential ?
We fully appreciate the sensitive, personal nature of the information we hold and
we pride ourselves in our extensive procedures aimed at safeguarding your confidentiality.
Cornerstone Financial Management is licenced under the data protection act.
What is my circumstances should change ?
You may request a review of your payment amount at any time should your circumstances
change.
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qualified financial advisors today