A Debt Management Plan can be used to resolve any debt problem you may have with your unsecured debt. It is an informal arrangement suitable for people who do not have very significant debts, who may not have very high disposable incomes or who expect that their circumstances may change in the near future.

If you are genuinely struggling to meet your current monthly credit commitments, we can negotiate reductions in your repayments to your creditors. You will make one affordable payment each month to us, which we will distribute to your creditors on your behalf. We will also negotiate to try to reduce or freeze any interest or other charges on your accounts.

Your debt management plan is fully flexible and can be changed at any time to suit your changing circumstances and needs. You can even cancel your debt management plan at any time with no penalty to yourself.

We keep your debt management plan under regular review and if we believe that an alternative debt solution has become available, we will tell you about it, so that you can make an informed choice as to what you want to do. Click here for IVAs

We employ fully trained debt advisors who understand the importance of a fast and efficient response to any debt enquiry you may have. Our aim is to deal with every query as quickly as possible, usually at the time of the initial phone call.

Remember you are not alone we are here to help you call us FREE on 0800 158 3654 for a confidential chat or fill in the Contact Us form and we will call you back.

Debt Management definition