Debt Management Plans are a debt solution which is designed to help you regain control of your personal finances, by reducing your monthly outgoings to your unsecured debt, and repaying this debt at a level you can afford.
A Debt Management Plan is an informal agreement between you and your creditors. It allows you to repay your debt at a realistic level and shows your creditors that you are committed to repaying all of your debt, even though it may take you a little longer to do so. This type of …