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The Best Free Debt Management Resources

Hristina Nikolovska
Author: 
Hristina Nikolovska
Karen Idorn
Editor: 
Karen Idorn
Ben Mendelowitz
Fact Checker: 
Ben Mendelowitz
5 mins
December 7th, 2023
Advertiser Disclosure

Managing debt is a critical aspect of financial well-being, and in today's dynamic economic landscape, having access to reliable and free debt management resources can make a significant difference. Fortunately, a plethora of invaluable tools and services are available online without costing a dime.

In this article, we will explore some of the best free debt management resources designed to assist you with debt elimination, offering a pathway toward achieving financial stability and peace of mind.

Top 9 Free Debt Support Websites

Citizens Advice

https://www.citizensadvice.org.uk/

Consumers can get free debt advice on the Citizen Advice website, or talk to trained advisers via live chat or on the phone. Additionally, they can find hundreds of guides on dealing with debt, cost of living, borrowing money, pensions, mortgages, etc.

The website also offers free budgeting tools and spreadsheets, templates for different consumer letters, debt remedy tools, and much more.

StepChange

https://www.stepchange.org/

The Step Change debt charity service provides consumers with free advice resources on debt and even offers free debt solutions like DMPs, IVAs, and DROs. Additionally, debtors can use the website to get advice on bankruptcies, equity releases, and mortgages.

To easily get information on their situation, debtors can use the benefits, card repayment, and debt consolidation calculators available on the website.

National Debtline

https://nationaldebtline.org/

National Debtline is another free advice service available online and on the phone. Consumers can contact their advisers and seek help with their debt, ask questions, and receive assistance with budgeting.

In addition, the National Debtline website offers free debt resources like budgeting tools, libraries with fact sheets and sample letters, as well as a cost of living hub.

Debt Advice Foundation

https://www.debtadvicefoundation.org/

Consumers who need assistance with their debt can seek free advice from the Debt Advice Foundation website or their national debt helpline.

In addition to providing free advice, the foundation also provides free debt solutions like IVA, DRO, and DMP, and has plenty of resources on other topics like bankruptcy, debt consolidation, and cost of living support.

Moreover, the Debt Advice Foundation website also provides several useful tools, like a personal debt analyser, a budget planner, and a benefit entitlement guide.

PayPlan

https://www.payplan.com/

Debtors in need can use the PayPlan website to contact advisers online, or call them on the phone and receive free guidance on dealing with debt.

They can also use the information and resources on the website to learn about different types of debt and get help with debt solutions like IVA, MAP, DMP, and DAS.

Finally, the BudgetSmart tool can help debtors manage their budgeting for various expenses.

MoneyPlus Advice

https://moneyplusadvice.com/

MoneyPlus Advice is a company that provides free debt advice, but the debt management services it offers are not free of charge.

Regardless, the website offers tons of helpful information for free, which consumers can use to learn about different types of debt, as well as the debt solutions they can use to tackle their financial hardships.

Community Money Advice

https://www.communitymoneyadvice.com/

CMA is a free service available online that helps consumers with different areas of budgeting and money management, including dealing with debt.

Debtors can use the CMA website to find plenty of useful debt resources like budgeting tips, self help guides, and a pro rata debt repayment calculator sheet.

Money Wellness

https://www.moneywellness.com/

Money Wellness is another advice service where debtors can receive assistance and guidance for free. In addition to advice, consumers can use the Money Wellness website to get a free debt management plan, and learn about other debt solutions like IVA and DRO.

Beyond debt problems, there are plenty of useful resources on boosting income, minimizing costs, and tools for budgeting and planning finances more efficiently available on the website.

Business Debtline

https://businessdebtline.org/

Business Debtline is a non-profit service that specializes in debt management and advice for self-employed debtors and those who own small businesses. It offers free advice and assistance related to dealing with debt online and over the phone.

Additionally, its website contains tons of free guides and resources with useful information on a wide range of debt issues, offers a free budgeting tool, and dozens of sample letters for dealing with creditors, lenders, and bailiffs.

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Contributors

Hristina Nikolovska
Hristina Nikolovska, a graduate of the University of Lodz, is a skilled finance writer for MoneyZine.com. With a knack for simplifying intricate financial topics, her articles provide readers with clear and actionable insights.
Karen Idorn
Karen Idorn is an experienced PR professional based in London. She is an established writer who always follows the latest trends in the finance industry and concentrates on delivering interesting, valuable content for audiences.
Ben Mendelowitz
Fact Checker
Ben Mendelowitz
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