Switching a debt management plan is possible. Many people change to a new provider.
A DMP is a flexible plan. Notice periods and penalties aren't common.
A switch may get you better customer service. It might reduce the fee that you pay. Switching may be vital if your current provider stops trading.
If you can, get a list of your debts. The account numbers and balances are important. Your current provider can provide a statement with this detail. If your firm has closed, they will have sent you a statement.
Don't have this debt list? Keep any letters and emails sent by your creditors. Register for a free credit report service. Free services include Noddle and Clearscore. Lenders can tell you who they sold debts to.
The debt balances don't have to be exact. We contact creditors to check the current balances.
Contact our expert team. We'll discuss your goals and concerns. We’ll ask some questions to understand your needs. We’ll discuss your income and regular costs.
We can offer you debt advice. We discuss different debt solutions. We agree the amount you can pay to your debts. We help you to make an informed choice.
If you choose a Bright Oak, we'll send you a pack. You complete the paperwork and send it back. The new plan should be ready to start.
Bright Oak has a small team of expert debt advisers. We've worked with each other for ten years.
We get to know our customers. Great customer-service is our goal.
We charge a single fee each month. We don't have an extra set-up fee.
Bright Oak has helped hundreds of customers whose plan provider closed. We help people looking for a better service. With your help, we can put your new plan in place.
Would you like to talk? Please contact us today for a chat.