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Each Debt Management plan is subject to the following fees:
Initial Fees: Equal to the clients monthly contribution taken from the first payment; however, there is a minimum fee applicable of £200, where the contribution is lower than £200 the fee will be taken from multiple contributions.
Ongoing Fees: 17.5% of the clients monthly contribution with a minimum taken of £25 and a maximum of £100 per contribution.
We pay 50% of the Initial Fees as a referral fee to advisors for assistance with preparing financial information on behalf of the client. This fee is payable for all successful acquisitions where a full initial payment is made.