Debt Management Pros & Cons 

As a Debt Management Plan is a financial agreement, it is important that you are aware of all the advantages and disadvantages associated with it. For free advice and information, please contact Refused A Loan on 0808 131 9104. 

Debt Management Pros 

  • Only one payment to make.
  • A payment that you can afford.
  • We will deal with your creditors on your behalf.
  • The plan can change if your circumstances do.

Debt Management Cons 

  • Creditors are not legally obliged to stop any additional interest or charges.
  • It will take you longer to repay your debt.
  • You will have to pay back all your debt.


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RefusedALoan.co.uk is a trading name of Ask Finance Ltd, which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.

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