Debt Help - Speak to a debt specialist today!
| Please select the debt help amount for more detailed tables | ||||
|---|---|---|---|---|
| £5,000 Debt Help |
£6,000 Debt Help |
£7,000 Debt Help |
£8,000 Debt Help |
£9,000 Debt Help |
Debt payments and keeping up with creditor repayments each month can be a constant cause of stress and hardship for many people in these hard economic times. Baker Financial offer various debt solutions, one of our most popular solutions are debt management plans.
- Various debt solutions available
- Reduced monthly payments - pay only what you can afford!
- One single monthly payment
- Specialist advisors on hand to help
- We will deal with all your creditors for you!
To find out how we can offer you a low cost debt solution, contact us today!
The example debt management tables below show the normal creditor payment and the new creditor payment based on example disposable incomes which we work out for you based solely on what you can afford for £5000, £6000, £7000, £8000 and £9000.
Debt help examples for £5,000
| Disposable income | Number of creditors | Total amount of Debt | Old debt re-payments |
New payment |
|
|---|---|---|---|---|---|
| £150 | 2 | £5,000 | £225 pm | £150 pm | |
| £159 | 4 | £5,000 | £301 pm | £159 pm | |
New creditor payments based on disposable income |
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Whilst no 2 circumstances are the same its important to remember that a debt management plan is flexible and, if your struggling with debt, could be the answer your looking for.
Debt help examples for £6,000
| Disposable income | Number of creditors | Total amount of Debt | Old debt re-payments |
New payment |
|
|---|---|---|---|---|---|
| £152 | 2 | £6,000 | £275 pm | £152 pm | |
| £174 | 3 | £6,000 | £327 pm | £174 pm | |
New creditor payments based on disposable income |
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A debt management plan, sometimes called financial management is very flexible and will be tailored to your budget so you can be sure all your creditors will be getting a monthly payment based on what you can afford.
Debt help examples for £7,000
| Disposable income | Number of creditors | Total amount of Debt | Old debt re-payments |
New payment |
|
|---|---|---|---|---|---|
| £182 | 3 | £7,000 | £350 pm | £182 pm | |
| £150 | 5 | £7,000 | £327 pm | £150 pm | |
New creditor payments based on disposable income |
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Your disposable income is worked out once we have taken into consideration your normal monthly living expenses and priority debts. Doing things this way makes sure you can maintain a reasonable standard of living whilst paying your debts responsibly.
Debt help examples for £8,000
| Disposable income | Number of creditors | Total amount of Debt | Old debt re-payments |
New payment |
|
|---|---|---|---|---|---|
| £156 | 4 | £8,000 | £283 pm | £156 pm | |
| £152 | 3 | £8,000 | £390 pm | £152 pm | |
New creditor payments based on disposable income |
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Our debt help plan will be tailored to your budget so all your creditors will be getting a monthly payment based on what you can afford.
Debt help examples for £9,000
| Disposable income | Number of creditors | Total amount of Debt | Old debt re-payments |
New payment |
|
|---|---|---|---|---|---|
| £150 | 6 | £9,000 | £485 pm | £150 pm | |
| £245 | 4 | £9,000 | £420 pm | £245 pm | |
New creditor payments based on disposable income |
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If your struggling with debts and are struggling to meet your creditors normal monthly payment then a debt management plan is more than likely for you.
Don't delay, if your struggling with debts and want to speak to a professional who can talk you through the process in plain english contact us today!
