Debt Management Plan for Debt Consolidation

Debt consolidation also known as consumer credit counseling is a creditor sponsored program to help people pay back their balances in full plus interest. The idea is that these non-profits can consolidate your credit card bills into one easy monthly payment through the non-profit debt management plan.

About Debt Consolidation:

• Creditor and collection calls will generally stop.
• In many cases, interest rates and minimum payments are reduced.
• You make only one payment per month and the agency sends funds to all your creditors.
• If your account was past-due, most creditors will reflect your account as current after 1-3 consecutive payments. Late and over-the-limit fees are usually eliminated.

While debt consolidation, debt management, and consumer credit counseling is an option many people take, more and more people are turning to debt settlement or debt negotiation as a solution for them. If you would like more information about the benefits of debt settlement and to see if you qualify, submit your name and information or call 1-877-578-3171 for a free, no-obligation confidential consultation.