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Updated in [July 24th, 2023]
The course titled "What Is a Debt Management Plan? DMPs Explained" offered by StepChange Debt Charity educates individuals on managing their debts through a debt management plan (DMP). This plan enables participants to handle their debts more effectively by making reduced monthly payments, rendering them more affordable. StepChange's DMPs are provided without any fees. The course guides individuals to assess if a DMP suits their specific debt situation and offers a free online debt advice tool to initiate the process of seeking help. StepChange Debt Charity has been a prominent debt advice service in the UK since 1993, having assisted 7.5 million people in regaining control of their finances and lives. To access the course and learn more about debt management plans, interested individuals can visit their website or utilize their social media links for additional information and resources.