Debt Management
For all debt management questions contact our debt team for advice and help who offer free, no obligation solutions. A debt management programme is an unofficial way of communicating, between yourself and your creditors, regarding lower payments.
The advantages of debt management are:
You only make one monthly payment and this is split between all your debts.
All contact between creditors and yourself is handled by the debt management company.
You pay an amount that you can realistically afford but if your circumstances change this can be adjusted.
You will not receive any late payment fees because all transactions go through the debt management programme, and they may be able to adjust or stop any interest on your debts.
Ideal for people with with debts of less than £15,000
![]() |
|---|
Featured Debt Articles
Beat rising food inflation by saving money on the cost of your groceriesAnyone that ever does any grocery shopping will be only too well aware that food prices have rocketed over recent months, and the cost of a weekly or monthly shop may now be significantly higher than it was in the past.
Even the price of staple foods such as bread and dairy products has rocketed, and [...]
All sorts of industry groups and government officials, including the Governor of the Bank of England, Mervyn King, and the Chancellor of the Exchequer, Alistair Darling, have warned that consumers in Britain have a very tough time ahead of them in terms of their finances. Household finances amongst families in the UK have been seriously [...]
What are the main benefits of consolidating your debts?In the current financial climate many people are struggling with their finances, with borrowing costs, household bills, petrol costs, and food prices all adding to the financial strain, not to mention the damaging effects of the global credit crunch, which has made borrowing both more difficult and more expensive.
For those with debts to keep on [...]
When you find yourself in extreme financial difficulty and it seems you have no other recourse but to file for bankruptcy, you should carefully weigh the pros and cons of taking such action before you do so.
The decision to declare bankruptcy is no doubt an agonizing one because it is an admission of failure in [...]
Debt consolidation is a process where by you take out a large loan in order to pay off your smaller loans and debts. This may seem like a pointless process, as you are not actually reducing the amount of money that you owe.
However, there are many benefits to debt consolidation, and the main purpose of [...]
A recent report confirmed that as of next year a new form of filing for bankruptcy online would be introduced, and this will be known as a Debt Relief Order. Bankruptcy in its standard form is linked to hassle, embarrassment, inconvenience, time consumption, and sometimes expense.
However, with the introduction of Debt Relief Orders all of [...]
Latest Debt News
Slowdown in charity donations due to credit crunchAs a nation Britain has always been charitable and most have been happy to donate money to worthy causes. However, the global credit...
Retail sales figures released by ONSThe Office for National Statistics has recently released figures showing the growth levels of retail sales in the UK. The figures showed...
Credit crunch affecting younger consumersAccording to a recent report the credit crunch is having a severe impact on younger consumers aged between 18-34. Officials have said...
Misery for charities over Icelandic banksThe collapse of popular Icelandic banks including Icesave and Kaupthing Edge recently has resulted in misery for many charities, as...
Increasing number of people seeking debt adviceRecent figures have shown that amidst the turmoil and chaos that has been gripping the financial markets over recent months an increasing...
Food prices could increase due to wet harvestOver the past year consumers have seen the price of food products soar, and the average household weekly or monthly shopping bill has...



