Debt Management Plan Pros & Cons

A Debt Management Plan is a great way for you to regain control of your finances, as you are making one single lower payment to all your creditors. For free advice and information please contact our team on 0800 048 1768. 

Debt Management Pros 

  • One payment which covers all your creditors.
  • Flexible agreement that can change to suit your finances.
  • Informal agreement meaning you avoid lengthy insolvency procedures.
  • Some creditors will freeze interest and charges on your debt.
  • We will deal with your creditor phone calls or letters.

Debt Management Cons

  • Creditors are not legally obliged to accept your offer.
  • It will take you longer to repay your debts.
  • Your credit rating will be damaged.


Name
Home Telephone
Mobile Telephone
Email address
Level Of Debt
Number Of Creditors
Monthly Income
Homeowner?

House Value
Mortgage Owed

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