What is credit card debt management?

Credit card debt management is no different to any other type of Debt Management Plan. Credit card debt is an unsecured debt, just like a personal loan or bank overdraft.

However, it’s important to recognise that Debt Management Plans are not legally enforceable, which means that your creditors are not obliged to freeze interest on your debts. That’s why it’s particularly important that anyone with large credit card debts (which typically have much higher rates of interest) considers all the available options by seeking independent advice first.

You can read more about Debt Management and whether it is suitable for your situation in our Debt Management section.

Debt Advice Foundation is a registered UK charity offering free, confidential support and advice on any aspect of debt, including Debt Management. If you need to talk to someone about Debt Management or would like to discuss the alternatives, please call 0800 043 40 50 to speak to an adviser.