This has been a boom industry in recent years and initially can seem like a good idea. If successful, an affordable monthly repayment is made to a company who will make reduced payments to your creditors. However, unless creditors have frozen interest charges on your account or your monthly repayment is greater than the interest charges, the amount of your debt will continue to increase along with payment terms.

debtDr will only suggest debt management if this is part of wider solution and will look to provide a real and permanent remedy to the debt problem.