Will I repay all of my debts on a debt management plan?
A debt management plan is a new plan for repaying your unsecured debts in a different way. If you can’t afford your existing debt repayments, a debt management plan can (assuming your unsecured lenders agree to it) make your debt payments affordable again, while helping you ensure that all your other essential costs are also [...]
Overcoming banking troubles while you’re in debt
Problems repaying debts – past or present – can be a real obstacle if you’re looking to open a bank account, not just if you’re looking to borrow money. Your credit history shows how you’ve handled your finances in the recent past, and if you’ve run into problems repaying the money you owe, you might [...]