Debt management is a way to consolidate all your unsecured debts into one affordable monthly repayment.
This is done by taking items of credit such as catalogue debts and credit card debts, store cards and loans including overdrafts, then combining all the payments you make each month into one new payment to a debt management company. Your chosen debt management UK company will negotiate with your creditors and attempt to freeze the interest and charges being applied to your accounts. This cannot be guaranteed.
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