Wednesday, 6 July 2011

Working out your debt management plan payment

DMP practitioners will seek to strike a satisfactory balance between creditors and the debtor. Naturally the creditors want to see that their client is doing what they can to quickly repay what they owe. Similarly there is no point in setting up the payments for a debt management plan so high that the debtor has no option but to cancel the plan or to start missing payments occasionally. Striking this balance is an important function of good debt management charities and

credit card debt....

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