Glossary Of Debt Management & Financial Terms

Debt Counselling Agencies

Agencies which help people overcome debt, offering them counselling and advice. See CCCS.

Agencies which help people manage their debt, offering them counselling, advice and services to act as a third party to deal directly with their creditors. The majority of Debt Management Companies charge a management fee for their services, of which ours is based upon the number of creditors as this determines how much work is to be involved throughout the plan.

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