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A Debt Management Plan is an informal agreement made between you and your creditors, organised and negotiated via a debt management company on your behalf. This allows you to make one single monthly payment which is realistically affordable to you.
Details
· One single easy to make payment per month which is lower than your previous payments were when combined.
· Can help you avoid having to sell your property in order to release equity
· Borrow a minimum of £3000 up to a maximum of £150,000
· Requires a minimum annual income of £10,000
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