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What Is Debt Management? PDF Print E-mail

Debt Management is the program that consolidates your unsecured debts into one monthly payment, which is sent directly to your creditors by the Debt Management Company.

Remember, debt management program is not a loan. Your debt management company’s counselor reviews your completed budget analysis to confirm the suitability of the program to your situation. Once plan is set, debt management company works with your creditors to arrange reduced monthly payments, interest charges and fees for your unsecured debt.

The goal is to guide clients out from under the burden of unsecured debt like credit cards, medical bills and student loans. Our program coordinates repayment to your creditors through one convenient, affordable monthly payment that fits your monthly budget

 

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