If your debt situation is just a hiccup, for example, temporary unemployment, short term reduction in salary, then a debt repayment plan with a debt management company might seem like a good idea.
For free debt repayment advice in confidence, fill in the online form or call 0800 018 6081.
With a debt repayment plan you consolidate all of your outstanding unsecured debts into one company, with a lower monthly payment.
But before taking out such a debt repayment plan you must find out what the total cost is. Often such plans actually increase your total debt. And there are alternatives...
...with an IVA, you could write off a large proportion of your debts and be debt free withing 60 months. Call 0800 018 6081 or enquire online to find out if you qualify.
Before considering a debt repayment solution, speak to a professional debt counsellor about the alternatives...
