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Debt Management

Debt Management

The Pros and Cons of Third-party Providers of Debt Management Plans

  • 4 min read

Specialist debt management plans (DMPs) are being introduced as an alternative for those who, through counselling, cannot meet their debt commitments – but how would they be treated by their creditors if they were? This article reflects what’s happening in the DMP market currently, and gives a balanced view as to the pros and cons…