Debt Advice charity you can trust

Free Debt Management Plans from a UK debt charity

Welcome to Debt Advice Foundation. We are a registered national debt advice charity offering free, confidential support and advice to anyone worried about debt.

A Debt Management Plan is an informal agreement between you and the people you owe money to. In return for paying back what you can realistically afford each month (after your essential living costs have been taken into account), your creditors will be asked to:

  • freeze interest on your debts
  • suspend any further action against you (this includes petitioning for bankruptcy)
  • allow you to keep your home (as long as you stick to the agreement)

Whilst commercial debt management firms will typically charge you between 10% and 15% of your monthly payment for providing this service, Debt Advice Foundation will only ever recommend a free Debt Management Plan, to help you pay back your debts quicker.

In a Debt Management Plan, you will still be required to pay back your debts in full, no matter how long it takes, and because Debt Management Plans are informal agreements, your creditors are not legally obliged to freeze interest or stop pursuing you for the full contractual payments. When considering whether Debt Management is right for you, it's important to bear in mind that you may qualify for other debt solutions that will allow you to become debt free much quicker. That’s why it’s so important to get impartial advice up front (see our Debt Management section for more information).

If you need to talk to someone in confidence about your options, there's no need to wait or book an appointment, our free debt advice helpline is open Monday to Friday 8am to 8pm and Saturday 9am to 3pm on .

Get Free Support And Advice Debt Help

Debt Advice Foundation is a registered debt charity (1148498) and is authorised and regulated by the Financial Conduct Authority (no. 692492).

The charity holds the Advice Service Alliance’s Advice Quality Standard (AQS) and is listed by Money Advice Service as an accredited, free provider of debt advice on its online debt advice locator page (the Money Advice Service is an independent service set up by government to help people manage their money).

The charity is a member of AdviceUK, the UK's largest support network for free, independent advice centres and all of the charity's advisers are members of the Institute of Money Advisers, a charitable body that aims to promote free money advice and develop professional standards.

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