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Often debt consolidation involves many unsecured loans (such as credit card bills) into one payment but with collateral support on it. This is referred as a secured loan.
Debt Management Plans is a process that helps people in paying debts by assessing, planning, negotiating and thereby managing debt payments. These Debt Management Plans deal with unsecured debts like personal loans, credit card debts...
The figures above are based upon £100,000 life insurance only cover for female aged 30, non smoker and in normal health. Quotation based on 25 year level term and sourced on a guaranteed basis. (Details correct as at June 2009)
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