Debt management plans

Debt management plans (DMPs) help those who have some money left over at the end of each month, but not enough to pay all their debts.

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A debt management plan is usually arranged by a third party, such as a charity like CCCS or a debt management company. The third party arranging your DMP draws up a proposal for your creditors, asking them to accept reduced payments and to stop interest and charges.

You pay only one monthly payment a month with a DMP, which the debt management organisation divides between your creditors.

How can we help?

We have a very high success rate with debt management plans. What’s more, our debt management services are completely free, which means everything you pay goes towards reducing your debts.

© Consumer Credit Counselling Service 2011