* WE ARE CURRENTLY NOT TAKING ANY CUSTOMERS *
HELPING PEOPLE TO BECOME DEBT FREE !
- Simple Online Form
- Quick Turnaround
- No Phone Call Necessary
Work Covered
Initial fee covers the work that goes into the setup of your Debt Management Plan. This involves:
- • Requesting all up to date balances on your account
- • Requesting all interest and charges to be frozen / reduced
- • Requesting creditors to accept repayment proposals
- • Preparation of your financial statement
- • Understanding your financial situation on a holistic basis and providing means of budgeting advice
- • Providing a yearly review on your file and assessing and renegotiating monthly payments with your creditors.
Monthly fee covers the work involved in keeping your debt management plan running smoothly on a month-by-month basis. This involves:
- • Making a payout to your creditors within 28 working days of receiving your funds.
- • Providing you up to date balance information and status on your creditors.
- • Addressing any queries your creditors may have regarding your plan via telephone, letter or email.
- • Addressing any queries you may have regarding your plan via telephone, letter or email.
- • Renegotiating your monthly payment proposals with your creditors should your situation change. This would involve speaking to your creditors and communicating via letters and emails.
- • Providing a 6 monthly statement showing you who your creditors are and how much has been paid to each creditor.
Full & Final Settlements
Our fees are no more than AED 195 for administration charge per creditor. In some cases, depending on the level of debt, we may not charge this. We do not charge any more than 20% of what we save you.
The AED 195 administration charge and 20% settlement fee cover the following:
- • Requesting up to date balance of your debt
- • Offering settlement figures to your creditor
- • Negotiating the best possible settlement figure in your best interest
Financial Credit Help (FCH) LLC is a Trading style of Maz Management Consultants. FCH is a fee charging commercial enterprise. By obtaining free debt advice this does not affect your credit score.
If you miss your monthly contractual repayments, go into arrears and enter a debt plan, this will have an impact on your credit score.