Hard Times Call for Smart Moves

EuroDebt Introducers

• Help for your clients to regain control of their finances
• All-round debt advice both face-to-face and over the telephone
• An established national network of licensed debt advisers, who will work closely with you
• A full range of debt solutions: DMPs, IVAs, Protected Trust Deeds and Bankruptcy Support
• Weekly commission payments – paid electronically
• Marketing & compliance support
• A non-compete clause with a mutual client philosophy

The average UK household using credit has £15,531 of unsecured debts. Despite forbearance by secured lenders, every 14 minutes a property in the UK is repossessed and someone is declared insolvent or bankrupt every 4.36 minutes*.

EuroDebt's average client in the last tax year had just under £23,000 of debt with 7 creditors and the primary cause was 'loss of income'. For homeowners this unsecured debt figure was considerably higher.

These are the stark figures that show the scale of debt facing millions of families and individuals throughout the UK, some of whom are your existing clients and have not historically had to seek debt advice. Many need your help in sign-posting them to the right debt solution.

* Source: CreditAction – July 2011

Join Us**

This could be the ideal opportunity for licensed intermediaries that join the EuroDebt Introducer Scheme to help your clients and help your own business.

EuroDebt Financial Services is a member of DEMSA whose Code of Conduct is approved by the Office of Fair Trading (OFT).

You do not need to provide debt advice to your client, that is what we do, and we are then able to discuss a complete range of debt solutions for each legal jurisdiction in the UK. Many of our face-to-face meetings include the intermediary to build empathy and client trust, which is vital in establishing sustainable debt solutions.

A 'mortgage or secured finance decline' or a clawback notification on critical insurance cover could be the trigger to offer a EuroDebt Debt Solution, which would mean you could earn yourself a generous referral fee. We regard every client as a mutual client, which would mean, where applicable, that you would have the opportunity broker future financial services where the client's circumstances change. We have an excellent record of maintaining highly sustaining debt solutions like Debt Management Plans (DMPs) and Individual Voluntary Arrangements (IVAs), enabling a client to genuinely regain control of their finances.

** Membership is open to licensed businesses only and subject to Terms of Business