What is a debt management plan or program

Debt Management Plans or programs are an informal process of negotiation with unsecured creditors to obtain a reduction in the contractual repayment and/or a reduction in the interest / charges being levied by the creditor. Debt management plans involve the negotiation process providing evidence to creditors that an individual does not have enough income to … Read more

How Cash Back Credit Cards Work

Credit cards are a convenient and flexible way of borrowing money to pay for goods and services. When you pay for something using a credit card, the provider is effectively lending you the money. Every month you’ll receive a statement which lists all your transactions and there will be a set time in which you … Read more