Debt Management Advice - Free Debt Management Can Save You Thousands

Here's some debt management advice that will save you thousands. There is no need to sign-up to expensive fee charging debt management plans when there are free alternatives available.

The companies selling debt management to you charge you for their debt management service when all along there organisations out there that will give every penny of your new affordable monthly repayment to your creditors.

Use our debt smart service to find an organisation that offer free debt management plans that won't cost you a penny.

Some Facts About Debt and Debt Management

• There are 3.4 million UK adults in serious debt
• The average debt is £25,115, although 9% of people have debts of over £60,000
• 91% are paying off credit card debt
• Women are even more affected by serious debt than men, with 75% saying they are not sleeping because of debt-stress, compared to 61% of men
• Despite these high levels of stress, 15% of people still have not talked to anyone about their debt problems
• Almost 48% of people in serious debt pay for their debt solution, although there are lots of free alternatives
• A fifth of people on debt management plans will take more than 10 years to pay them off
• Over 10 years, average charges add almost 20% to the cost and nearly 2 years to the repayment period
• The suffering caused by debt stress and the unnecessary fees often paid can be avoided

Our Mission

• To stop those is debt waiting month or years before talking to a trusted professional advisor
• To stop those is debt being sold expensive debt management plans and instead helping them get access to free alternatives
• To get anyone struggling with debt to Talk About Debt and not suffer unnecessarily

Our Solution To Your Problem

To ensure that you get the right advice, we provide free access to carefully screened, reviewed, debt advisors who provide unbiased debt advice. This helps those in serious debt to avoid advisors who charge excessive fees or feel it is reasonable to extend the period individuals are in debt beyond what is reasonable and logical.

Why free debt management is best for you

If you want to become debt free you want 100% of the money you repay to go towards paying off your debts. There are lots of different ways paid-for debt management companies make their money, but you'll normally find it works out at about 15% commission. If you repaid £25,000 at £450 a month, you'd be paying £67.50 a month to the debt management company and it would take 10 months longer to repay your debt! We therefore recommend your find a debt management service that is free by using our debt smart calculator.