Clear your debts with one affordable monthly payment which is based on what you can afford
Take control of your debts without the need to take out another loan
In most cases creditors stop interest and penalty charges whilst you repay your debts
May be able to adjust payments if your situation changes
Repaying debts over a longer period may increase the total amount to be paid
Your credit rating will be affected for 6 years.
Debt Management is an informal agreement creditors may still pursue default actions and creditors may not agree to stop interest.