Debt Solutions
Debt Solutions - Click a link below
Why Promise Debt Solutions?
Promise Solutions pay you more.....
We will pay you 75% of the initial months fee received from the client The industry
average is 50-60%
We then pay you 25% of the ongoing monthly admin fee as a trail commission
.....Charge your client less.....
We charge 11% per month for administration costs, and cap it at £90
Most of our competitors charge 15-20% and don't have a cap.
Our initial fees are 2 times the client's monthly disposable income
Most of our competitors charge between 2 and 5 times
give the creditors more
There is another key partner in Debt Management, the creditor. Less money charged
by Promise means more going to creditors, which means fairer, shorter and more robust
plans for your clients.
and have the experience to deliver
Promise has not just been set up in the last few years to make a quick profit from
a downturn, Promise Debt Solutions have been established for 6 years and therefore
our service and customer satisfaction is proven.
As the leading provider of Secured Loans to intermediaries we are also able to look
for the most suitable solution for your clients.
Not the industry average
Promise is different. We put your customer at the centre of everything we do.
- There will be no cross-selling of any financial product or service (unless you want
us to)
- You will retain life time ownership of your customer
- We work in conjunction with the Common Financial Statement, which is backed by the
Money Advice Trust
- We are committed to TCF
- Dedicated Broker Services Team
Commission Structure
Debt Management
You are paid 75% of the first month's disposable income. On average this should
work out at up to £250 per client that goes on plan. We then also pay you 25% of
the ongoing administration fee as a trail commission.
IVAs
Promise pay you £750 commission. The fee will be payable once the fee has been received
from the IVA practitioner has paid us.
Trust Deeds
Promise will pay a commission on trust deeds of £500.
Full & Final Settlements
Promise will pay you 50% of the final fee, which can vary from case to case. The
fee is paid on completion of the settlement.