MT Week - Some options for getting out of debt

Last week I wrote about what happens when you go to a debt charity for help.

I wanted to understand and demystify the process for those who may need help, and those who may need help without realising it.

Sara Williams, who’s been a debt advisor for over 20 years and writes the brilliant Debt Camel blog, shared some really interesting insights into the different options that might be available to those in debt.

Two main options for getting out of debt popped up: debt consolidation and the Debt Management Plan.

So this week I wanted to delve deeper into what they actually mean.