A debt management plan is only useful if you have enough disposable income at the end of the month in order for your debt management company to negotiate better deals with your creditors. If you have nothing for them to barter with, then a DMP will be no use in your case. Make sure you fully underst...

A debt consolidation loan may not be the answer to combat increasing credit card debt. A debt management plan is less drastic than an IVA and an IVA less drastic than a Bankruptcy. But how do you know which is the right one for you? We have a guide to all of these debt reduction plans so you can be ...