Debt Management Plan

• Do you have debt problems?
• Have you been refused a loan?
• Are you struggling to meet your monthly payments to your credit cards, store cards, personal loans or catalogue debts?
• Do you want to make your unsecured debt more affordable?

If the answer is 'yes' to the above questions, you many benefit from consolidating your unsecured debt into one affordable monthly payment with a Debt Management Plan from One Advice.

Take the One Advice 1 Minute Debt Test to see if a debt management plan is the right debt solution for you.

Debt Management Plan Benefits Include:

• Financial control as you only pay what you can afford.
• Just one low monthly payment to make.
• We will negotiate with your creditors to freeze interest and charges, but this cannot be guaranteed.
• A Debt Management Plan is not a loan, so no further borrowing is required.
• No need to worry about creditor calls or letters.

What is a Debt Management Plan?

A Debt Management Plan will allow you to make repayments to your unsecured creditors with one low monthly payment at a cost you can afford. You make one reduced payment to us, which we will distribute to your creditors (the companies you owe money to).

In contrast to an IVA, which is a legally binding contract, a debt management plan is an informal agreement with your unsecured creditors and is most suitable for those with lower debts, between £3,000 to £10,000.

As well as being able to benefit from a lower monthly payment, One Advice will negotiate with your unsecured creditors in a bid reduce or freeze any interest or charges on your debts, although we cannot guarantee that your creditors will agree to this.

A debt management plan will not offer you the same level of protection from your creditors as an IVA, but it allows you far greater flexibility as the plan can change as your financial circumstances do. One Advice will also periodically review your account to ensure that you are getting the best benefits from your debt management plan.

If you are suffering with debt problems and you are unable to meet your unsecured debt payments, then a debt management plan with One Advice may be the solution to your debt management worries. For free debt management advice, call now on freephone 0800 048 1752.

Debt Management Advice

One Advice are one the largest and longest established debt management companies in the UK. We have helped over 100,000 people find a solution to their debt worries. We only offer ethical debt management advice so that you can find a solution to your debt problems.

Online we have the Debt Management Advice Guide which provides a portal of debt management information. If you have any general questions about Debt Management please see our debt management FAQs.

For free personalised debt management advice and no-obligation help, please call our free phone number on 0800 048 1752 or fill in your details in the Quick Enquiry Form and we will call you back.