Debt Management Mistake?
I was wondering if you can help. I have a very poor credit score. Basically I got myself into a financial mess around 2 years ago and had to contact a debt management company. i am now on a debt management plan. At the time i wasn’t on a good salary and had nowhere else to turn. However I am now earning double what i earned then and don’t feel debt managment is the right way to go for me now as it is not improving my credit rating. I have never missed a payment with the Debt Management Company. They charge me £40.00 per month for using there service. I have 3 years left of the plan but i would prefer to clear my debtors by consolidating meaning my credit would be improved quicker.
Does anyone have any advice if this is even possible to do?