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Consolidation Loans (Debt Management)

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What is Debt Management?

Debt Management is an option available for people with high outgoings who are struggling to manage their repayments and can't get a loan to consolidate these. By utilising a debt management scheme you are able to cut your monthly outgoings by up to half and only make realistic repayments. Your payment will be calculated based on your left over income after all of your essential living expenses have been taken out ensuring that you only pay back what you can afford.

Your debt management service provider will ensure your payment is distributed to all of your existing creditors (the companies that you are in debt to) and make sure these payments are managed effectively and kept up to date.

Application for Debt Management
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