Debt Management
What is Debt Management?
Whilst this is an informal solution it is very useful and powerful tool to help many people get out of debt.
In simplistic terms, debt management is when a third party company negotiates on your behalf with all of your creditors to reduce your payments to them. You then pay this company, who take their agreed fee each month, and they then pay your creditors. Some creditors will even stop interest charges whilst you make this payment but your are usually expected to keep paying until all debts are paid.
If you are interested in this please contact us for more information.