Fairpoint Group Plc
| London Stock Exchange: FRP
Fairpoint Group Plc engages in the provision of financial advice and appropriate solutions to individuals experiencing personal debt problems. It operates through three business segments: Individual Voluntary Arrangements, Debt Management Plans and Claims Management. The Individual Voluntary Arrangements segment consists of a managed payment plan providing both interest and capital forgiveness and results in a consumer being debt free within five years of the agreement commencing. The Debt Management Plans segment is suitable for consumers who can repay their debts in full, if they are provided with some relief on the rate at which interest accrues on their debts. The Claims Management segment involves enhancing the financial position of its customers and fall into the following areas, such as financial claims services, value added services and web comparison services. The company was founded in 1997 and is headquartered in Adlington, the United Kingdom.