Debt Help Compare is open until 8pm today - call us on 0845 838 1892
From mobiles, it might be cheaper to call us on 01942 204 659
  

Consolidate all your outstanding debt payments
into one affordable monthly payment.



What is Debt Management?   Find out if Debt Management is the best option for you


What is Debt Management?   We will select the best advisors to help you save money every month

See how much you can save - Try our FREE 60 second debt calculator

       

What is Debt Management?


What is a Debt Management Plan?

Debt management Pros (Advantages)

Debt management could see your interest and charges being frozen by your creditors Negotiations with your creditors to lower your payments are done on your behalf Debt management plan can provide relief from unmanageable debt levels and associated stress The process demonstrates your willingness to tackle your debts to your creditors


Debt management Cons (Disadvantages)

Debt management is not a legally binding agreement unlike an IVA Your creditors are under no obligation to agree to freeze interest and charges It will take you longer to pay back your debts as your monthly payments are lower Your creditors are free to raise legal proceedings against you at any time to recoup the money you owe them Debt management wont hurt your credit rating as much as other debt solutions like IVAs and bankruptcy

Which debt solution is the best option for you?
What is Debt Management?  BACK