Want to talk to someone about Debt Management?
Fill in the form now and we will quickly assess your financial circumstances and tell you if debt management or other debt solutions are right for you.
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Debt Management: What's the deal?
Providing Debt Advice in Scotland
- All interest frozen
- No more creditor pressure
- One affordable payment per month
- You remain in financial control
- End date when debt free
- Alternative to bankruptcy
What is Debt Management?
Debt Management is an informal arrangement between you and your creditors (via a debt management plan), where you agree to make one affordable payment per month. It is managed by a debt management company who is responsible for all correspondence between you and your creditors.
Is it the right solution for me?
It's difficult to say without knowing your financial circumstances. The debt amounts for residents from Scotland applying for debt management vary. Typically people who have been refused any further loans seek the advice of debt management plans.
Debt Management : Points of concern
- Not legally binding
- Value received from debt management companies vary
- Credit ratings may be affected
- Lower monthly payments may increase overall debt
Scottish resident? Seeking more advice on debt management? Talk to one of our licensed insolvency advisers now.
For further info, have a read of our Debt Management FAQ.
Scottish Debt Direct provides debt management plans as well as other solutions. Talk to our advisers to find out which debt plan best fits your financial circumstance.
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