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Debt management plans at a glance

Debt management plans (DMPs) are for people who can't afford to make the full monthly payments on their debts.
A debt management plan won't write off your debts but it will allow you to make reduced monthly payments until they are cleared.
A debt management plan is not legally binding and you can cancel it at any point.
You may still be contacted by your creditors if you use a third party to arrange a debt plan like ourselves.
You make one monthly payment to the third party and they divide the money between your creditors, making your finances easier to manage.
Profit-making debt management companies usually add fees to your monthly total, which will increase your outgoings. This means it will take you longer to pay off your debts.
As a charity we can arrange and manage DMPs completely free of charge, meaning all the money you pay goes towards paying your debts.

CCCS Debt advice guide

Alternatively, you can read the guide here on the web on the following pages: