A Debt Management Plan (DMP) is a repayment scheme which helps make unsecured debt repayments more affordable. Normally a 3rd party (Debt Management Company) negotiates with your unsecured creditors to reduce your monthly payments to an affordable level.

The action of combining several loans or liabilities into one loan. Put another way, debt consolidation is the process of taking out a new loan to pay off a number of other debts. Most people who consolidate their debt are usually doing it to attain a lower interest rate, or the simplicity of a single loan. Also known as a "consolidation loan".

Pay off all your debts by having interest & charges frozen and a single affordable payment. Negotiate reduce settlement terms and have up to 75% of your debt written off.