Debt Management and IVA's
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Registering gives you access to Secured Loans, Mortgages, Unsecured Loans as well as a Debt Management solution, so you can find the right product for your customer from the options available. Read more about Promise Sourcing and Packaging.
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Why Promise Debt Solutions?
Debt management and IVAs can be an option for your customer. Have you evaluated our total market solution on secured loans? By submitting through Promise Sourcing and Packaging, within 5 minutes you will know whether it fits for a secured loan, debt management or IVA. If debt management is the right plan for your customer, we will process it accordingly. Promise Sourcing and Packaging enables you to stay in total control of your customer and, more importantly, assess their requirements to make sure they are getting the most correct offering within the market.
Lowest rates in the Market.
Commission Structure
Debt Management
50% of Day 1 income, on average this should work out between £100-£150 per client.
IVAs
Promise will pay you 50% of the total fee received from the IVA practitioner. The fee that Promise receive is a percentage of the nominee's fee, which can differ on a case by case basis. The fee will be payable once the IVA has been approved by the creditors at the creditors meeting stage.
What we can assure you is that we have a robust process in place to ring-fence your client but if, at any time in the future, a remortgage, secured loan or indeed any financial proposition needs to be offered, the client's data remains your property throughout the whole term.