Debt Solutions
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.
Promise is different. We put your client at the centre of everything we do.
- No cross-selling of any financial product or service (unless you want us to)
- You retain life time ownership of your client
- We work in conjunction with the Common Financial Statement, which is backed by the Money Advice Trust
- Dedicated Broker Services Team
- Committed to TCF
Find out more
Promise Solutions pay you more
- We will pay you 75% of the initial month fee received from the client. The industry average is 50-60%
Promise Solutions 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 any cap.
- Our initial fees are 2 times the client's monthly disposable income. Most of our competitors charge between 2 and 5 times
Promise Solutions give the creditors more
- Another key partner in Debt Management is the creditor. Less money charged by Promise means more going to creditors, which means fairer, shorter and more robust plans for your clients
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. |
| IVAs |
Promise Solutions pay you £750 commission. The fee will be payable once the fee has been received from the IVA practitioner. |
| Trust Deeds |
Promise Solutions will pay a commission on trust deeds of £500. |
| Full & Final Settlements |
Promise Solutions will pay you 50% of the final fee, which can vary from case to case. The fee is paid on completion of the settlement. |
Contact Promise Solutions
New Enquiries
T: 0844 875 1884
Pending Enquiries
T: 0844 875 1885