Debt Management Plans
Debt management
If you have tried on your own to manage your debt effectively and reduce what you owe, and you find that you are still unable to pay your creditors on time, don’t assume that bankruptcy is your only answer. A debt management program, or debt management plan also referred to as a DMP, could be the solution.
In a debt management program, we work with you and your creditors to design a debt repayment program that will minimize monthly payments, interest and related fees in a customized, manageable plan to pay off 100% your debt within a maximum of 60 months.
Why join?
Your debt counseling agency will act as a mediator between you and your creditors to typically lower your monthly payments and reduce the amount of interest and finance charges you are paying on your outstanding debt. It may also be possible to have late charges and over-the-limit fees waived. In turn, the program will help you:
- shorten your payoff time
- reduce stress
- stop creditor calls
- avoid bankruptcy
- make only one monthly payment on your credit cards, and
- pay off your debt
Schedule an appointment
Call ClearPoint toll-free at 1.877.412.2227 (CCCS) today to speak with a certified credit counselor and develop a plan to get out of debt. Or get started now online.
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