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News
About EuroDebt
Compare us Now
About the Scheme
5 Step Process
Join The Scheme
Make a Referral
Find An Advisor
Features & Downloads
FAQs
Case Studies
Client Charter
Contact Us
EuroDebt Helpline
0845 3625303
About EuroDebt
EuroDebt is a specialist and independent fee charging Debt Management Company that has offered Debt Adjustment and Full & Final negotiation services since 1996 and has been operating Debt Management Plans since 2000. We offer a full range of Debt Solutions, including Debt Management Plans (DMPs), Individual Voluntary Arrangements (IVAs), Scottish Trust Deeds, Bankruptcy Assistance and Property Disposal. We have a nine year track of working with a wide range of Introducers, including brokers, financial advisors, residential letting agents, solicitors and accountants. We have a formal "no cross-sell" policy with all our Introducers and we will actively work with you to identify future revenue streams where a client's circumstances change, which is established through regular reviews. We do not expect any Introducer to provide debt advice - that is our role. All our client's have a face to face meeting - we believe this is the most effective and timely method of collating and witnessing critical income & expenditure information to prepare independent proposals to the client's creditors.
A wealth of Debt Management experience
We are currently helping over 25,000* people with serious debt problems relating to over 150,000 active payment plans with over 3,700 creditors, including all the major banks and credit card issuers, amounting to over £500 million of unsecured debts. Since 2000 we have negotiated with lenders on over 300,000 individual credit agreements to establish reduced payment arrangements.
On average a EuroDebt client stays on their Debt Management Plan for 57 months*. This demonstrates that we have an excellent record of our clients maintaining their plans and consistently making creditor payments. This is important for most creditors because it means they will continue to freeze interest & charges and agree to full & final settlements if your circumstances materially change. For many clients a Debt Management Plan (DMP) is appropriate as a transitional programme where adverse personal or household circumstances create major reductions in household income or increases in expenditure. Entering a EuroDebt plan demonstrates to your creditors that you are taking a responsible attitude to your financial affairs until you can resume paying contractual commitments or settle your debts. There will be circumstances where a formal arrangement is required with a client's creditors, in which case an IVA or Bankruptcy may be discussed with the client. Ultimately it is the client preference that is important, subject to their eligibility for any given debt solution.
Industry Knowledge
Our senior management team have held executive roles in a number of leading credit granting and credit services organisations, including, leading banks, mortgage providers, credit reference agencies, debt collection agencies and with industry bodies. Understanding how the credit industry operates is very important in representing our clients with unmanageable debt problems. Our Business Development Managers, Regional Sales Managers and Partner Development team also have sector specific knowledge to ensure that our debt solutions are tailored for the respective Introducer channels, for example; mortgage brokers dealing with homeowners with high debt balances or residential letting agents dealing with tenants with lower disposable incomes and debt balances.
National Network
EuroDebt has over 100 trained and experienced debt advisors that visit prospective clients in the privacy of their own home or as joint meetings with you the Introducer. The debt advisors are supported by over 150* office based client support staff, whose primary focus is to ensure the debt solution services are professional and personally delivered to our clients. We have recently invested in state-of-the-art new offices in Bedford with significant capacity for growth. We have also significantly invested in secure web based technology to enable our Introducers to take advantage of the wide range of Marketing Support tools, including an extensive range of printer ready collateral.
No Re-financing
We do not introduce or broker any re-financing services and our policy is not to encourage people in unmanageable debt situations to borrow more money. We will, however, discuss the advantages and disadvantages of re-financing if this remains a viable option, based upon a client's individual or household circumstances.
A very personal service
We have surveyed over 6,000 existing clients, many commencing their plans in 2000, and the average score for our overall service performance was "Very Satisfied" with a 21% return rate. All our new clients are now surveyed 6 months after the start their debt solution. Since July 2007, 76% of the clients that responded confirmed that they would recommend someone in similar financial circumstances to EuroDebt.
* Accurate at June 2009
€uroDebt Financial Services is a trading style of Pentagon (UK) Limited, registered in England with registration number 03267970 at the registered office and head office address of 7 Franklin Court, Stannard Way, Priory Business Park, Bedford, MK44 3JZ.
Authorised and regulated by the Financial Services Authority (FSA)
Licensed under the Consumer Credit Act 1974 (CCL No: 421901)
Data Protection Reg. No: Z7134790 | VAT No.: 694 3030 35
EuroDebt is a specialist and independent fee charging Debt Management Company that has offered Debt Adjustment and Full & Final negotiation services since 1996 and has been operating Debt Management Plans since 2000. We offer a full range of Debt Solutions, including Debt Management Plans (DMPs), Individual Voluntary Arrangements (IVAs), Scottish Trust Deeds, Bankruptcy Assistance and Property Disposal. We have a nine year track of working with a wide range of Introducers, including brokers, financial advisors, residential letting agents, solicitors and accountants. We have a formal "no cross-sell" policy with all our Introducers and we will actively work with you to identify future revenue streams where a client's circumstances change, which is established through regular reviews. We do not expect any Introducer to provide debt advice - that is our role. All our client's have a face to face meeting - we believe this is the most effective and timely method of collating and witnessing critical income & expenditure information to prepare independent proposals to the client's creditors.
A wealth of Debt Management experience
We are currently helping over 25,000* people with serious debt problems relating to over 150,000 active payment plans with over 3,700 creditors, including all the major banks and credit card issuers, amounting to over £500 million of unsecured debts. Since 2000 we have negotiated with lenders on over 300,000 individual credit agreements to establish reduced payment arrangements.
On average a EuroDebt client stays on their Debt Management Plan for 57 months*. This demonstrates that we have an excellent record of our clients maintaining their plans and consistently making creditor payments. This is important for most creditors because it means they will continue to freeze interest & charges and agree to full & final settlements if your circumstances materially change. For many clients a Debt Management Plan (DMP) is appropriate as a transitional programme where adverse personal or household circumstances create major reductions in household income or increases in expenditure. Entering a EuroDebt plan demonstrates to your creditors that you are taking a responsible attitude to your financial affairs until you can resume paying contractual commitments or settle your debts. There will be circumstances where a formal arrangement is required with a client's creditors, in which case an IVA or Bankruptcy may be discussed with the client. Ultimately it is the client preference that is important, subject to their eligibility for any given debt solution.
Industry Knowledge
Our senior management team have held executive roles in a number of leading credit granting and credit services organisations, including, leading banks, mortgage providers, credit reference agencies, debt collection agencies and with industry bodies. Understanding how the credit industry operates is very important in representing our clients with unmanageable debt problems. Our Business Development Managers, Regional Sales Managers and Partner Development team also have sector specific knowledge to ensure that our debt solutions are tailored for the respective Introducer channels, for example; mortgage brokers dealing with homeowners with high debt balances or residential letting agents dealing with tenants with lower disposable incomes and debt balances.
National Network
EuroDebt has over 100 trained and experienced debt advisors that visit prospective clients in the privacy of their own home or as joint meetings with you the Introducer. The debt advisors are supported by over 150* office based client support staff, whose primary focus is to ensure the debt solution services are professional and personally delivered to our clients. We have recently invested in state-of-the-art new offices in Bedford with significant capacity for growth. We have also significantly invested in secure web based technology to enable our Introducers to take advantage of the wide range of Marketing Support tools, including an extensive range of printer ready collateral.
No Re-financing
We do not introduce or broker any re-financing services and our policy is not to encourage people in unmanageable debt situations to borrow more money. We will, however, discuss the advantages and disadvantages of re-financing if this remains a viable option, based upon a client's individual or household circumstances.
A very personal service
We have surveyed over 6,000 existing clients, many commencing their plans in 2000, and the average score for our overall service performance was "Very Satisfied" with a 21% return rate. All our new clients are now surveyed 6 months after the start their debt solution. Since July 2007, 76% of the clients that responded confirmed that they would recommend someone in similar financial circumstances to EuroDebt.
* Accurate at June 2009
€uroDebt Financial Services is a trading style of Pentagon (UK) Limited, registered in England with registration number 03267970 at the registered office and head office address of 7 Franklin Court, Stannard Way, Priory Business Park, Bedford, MK44 3JZ.
Authorised and regulated by the Financial Services Authority (FSA)
Licensed under the Consumer Credit Act 1974 (CCL No: 421901)
Data Protection Reg. No: Z7134790 | VAT No.: 694 3030 35