Hanover Sterling Limited - Debt Management
Debt management is an informal but tailored plan based on your individual needs to help you get out of debt. Once on a debt management plan with Hanover Sterling you will only have to make a single payment each month at a rate which you can afford which will then be distributed amongst your creditors.If you genuinely cannot afford your current monthly payments, we can negotiate with your creditors on your behalf to reduce your payments often freezing the interest and charges leading to a swifter repayment of the debt and relieving you of time and stress.Because a debt managent plan is an informal arrangement it is totally flexible so if your circumstances change you may raise or lower your payment accordingly.We keep your plan under regular review and, if we believe that an alternative solution has become available, we will tell you about it, so that you can make an informed choice as to what you want to do.