Will I be taking out a new loan to clear my other debts?

No. A Debt Management Plan is a way of helping you make affordable payments to your existing creditors. DebtMatters cannot provide you with a loan.

Back To "FAQ - Debt management help and advice"

Every effort will be made to encourage your creditors to freeze interest and other charges. Please note that if your creditors refuse to freeze interest, paying the same debts over a longer period of time will increase the total amount to be paid.
© DebtMatters Ltd. 2009
DebtMatters Ltd. Registered Office: Mansell House, Horwich, Bolton BL6 6QQ.