The charity hopes to generate charitable income by selling Individual Voluntary Arrangements - formal agreements between debtors and creditors setting out repayment plans - at rates lower than those charged by commercial operators. IVAs typically allow people to write off a percentage of their debts.
"We want to provide additional services for our clients," said a spokeswoman for the charity.
"At the moment, we work with commercial companies, but our main objective is to do it better in-house. We will still charge a fee, which we have yet to finalise."