Debt Management Plan
Are you struggling to manage your debts?
Do you want to avoid Bankruptcy and IVA?
Debt management plan is a process by which we negotiate with your creditors on your behalf to write off up to 70% of your debt and help you to become debt free.
It consolidates all your repayments into one simple affordable monthly payment and it does not involve taking out another loan.
Difference between debt management and debt Consolidation
Debt consolidation is nothing but borrowing a large lump sum to pay off existing creditors and be left with one creditor and one monthly repayment. The whole idea being that, the repayments on the single larger loan is lower than the sum of all the repayments currently being paid.
If a person is looking to simplify things, wants to cut down the interest rate and can easily afford monthly repayments debt consolidation works quite well for them.
If a person struggles to make payment on time to different creditors, the outgoings exceed their income and they want to freeze the interest rates then; debt management really works for them. A debt management plan will reduce their debt and allow them to become debt free. It will consolidate all their repayments into one simple affordable monthly payment and it does not involve taking out another loan.
We can help you to plan your way out of DEBT by establishing priorities, setting a personal budget and talking to creditors on your behalf.
Apply online and See how much you could save.
We help you plan your way out of DEBT by establishing priorities, setting a personal budget and talking to creditors on your behalf.
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