Are StepChange any good?
Yes, Step Change has an exceptional success rate at getting IVAs for their debtors. In fact, the success rate is advertised at 98%. The reason this is so high is because of their good work, but also because they only recommend this debt solution when it is applicable to debtors and the number of debts they have.
How long does a debt management plan stay on your credit file?
Can StepChange stop bailiffs?
We can help with bailiffs
Or if you'd prefer to speak to us, call us (free from all landlines and mobiles). We're open from Monday to Friday 8am to 8pm, and Saturday from 8am to 4pm.
What are the disadvantages of a debt management plan?
Disadvantages of debt management plans
- your debts must be repaid in full β they will not be written off.
- creditors don't have to enter into a debt management plan and may still contact you asking for immediate repayment.
- mortgages and other 'secured' debts are not covered by a debt management plan.