Debt Management

What is Debt Management?

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Debt Management is a structured repayment program designed to help consumers manage multiple debt payments by consolidating their debt into one monthly payment.

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A Debt Management plan is a hardship program that benefits consumers meeting specific criteria.  It is not for everyone.  Qualifying consumers must adhere to a strict set of program guidelines to ensure their success. 

Debt Management 

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• Designed for consumers having a difficult time managing their debt payments   

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• New payment plans are negotiated to reduce interest rates for participating creditors

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• Debts enrolled are consolidated into 1 monthly payment that is paid to your Debt Management company, who in turn makes the payments to the creditors.  Credit will reflect third-party payments are being made

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• Consumer payback back 100% of the debt owed, the negotiated new interest, as well as a Debt Management fee.  Thus, monthly payments may remain high 

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