Debt Management Help and Free Debt Advice

Debt Management Help

If you've found this page you are more than likely looking for some help and guidance on Debt Management, whether your looking for a debt solution or you have been advised that debt management is the right solution for you, be rest assured that you have come to the right place. As the Debt Management Provider of the Year for the second year running Debt Advisory Line will provide you with impartial debt help and advice.

What is Debt Management?

A Debt Management plan is an informal arrangement between you and your creditors, it is structured so that you repay a low monthly payment over a longer period of time without having to borrow any money.

What Debts can be included in Debt Management?

A Debt Management Plan will help you reduce your monthly payments on unsecured credit agreements such as loans, credit cards, store cards, overdrafts and catalogues.

Who can provide Debt Management?

There are many debt management companies in the UK who can provide this service some are charities and others charge a fee to manage the service. There are two main self regulatory bodies who monitor debt management companies and they are DEMSA (Debt Managers Standard Association) and the DRF (Debt Resolution Forum) both were set up to promote and maintain a high quality of service for customers using fee charging debt management companies. The Debt Advisory Line is a member of both these companies ensuring that customers receive a high level of customer service.

Is Debt Management right for me?

If any of the below sound familiar then Debt Management could be the solution for you

• Struggling to repay debts
• More money going out than coming in
• Missing payments
• Incurring Bank Charges

Benefits of Debt Management

1. 1 affordable monthly payment
2. Interest & charges frozen dependent upon circumstances
3. Creditors deal with the debt management company
4. Take control of your debts without a loan
5. Peace of mind that your debts are being repaid

How do I start Debt Management?

For more information on debt management or to start debt management call 0800 157 7254 or complete the online application form