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Hello All I am newbie in this forum.
If you owe money and are finding it harder to meet your payments every month, then a debt management plan can help you. This is an informal agreement between debtors and creditors whose main aim is to help clear debts at a reduced level and over a fixed period of time.
Please provide me some comments on what I have written.
Are you looking for debt consolidation? You may not necessarily got to a debt consolidation company, but may consolidate your own debts. You need to have the convincing power though. You have to try to negotiate with your creditor on paying a lower amount than what you owe, or get your creditor to reduce the rate of interest he is charging you or maybe extend the term of the payment period. If you need more information do feel free to ask.