A Debt Management Plan can help those individuals who need help to pay off their various unsecured debts such as personal loans, overdrafts, store cards and credit cards. Debt Management is an informal arrangement so you're not tied to any commitment and it can be a great way of clearing up unsecured debt from £2,000 to £15,000.
How Debt Management Plan Works:
Lower your payments.
Debt experts review your income and expenditure to reach an affordable monthly payment.
One payment.
You make ONE affordable monthly payment.
No need for creditors to contact you.
Debt experts negotiate with creditors on your behalf.
Debt reduction.
The money is distributed by the Debt Management Company to your creditors; thereby, reducing your debt.