Take control of your finances with this free online debt management course that explains how to legally reduce debt. Racking up debt is easy but paying it back is hard. ‘Debt planning’ uses financial planning and budgeting to reduce debt. A debt management plan aims to use these tools to help you reduce and eventually eliminate your debt. We explain the relevant banking policies and laws to help you restructure your liability. Sign up for this personal finance course to draw up a debt management plan and find the light at the end of your economic tunnel.
| College | Alison |
| Course ID | 196070 |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 3-4 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | What You Will Learn In This Free Course • Explain the role of debt planning • Compare different types of debts • Outline how to assess your financial situation • Recognize the benefits of a debt management strategy • State the procedures for creating a monthly budget • Identify the advantages and disadvantages of debt counselling • Define ‘good’ and ‘bad’ debt • Describe the process of getting out of debt • Outline the concepts of bankruptcy and insolvency |
| Course Code | 5221 |

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