ByDesign™’s Debt Management Plan (DMP) may be the best possible solution for some people struggling with unmanageable credit card and other unsecured debt. 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 your debt.

You make one monthly payment to ByDesign™ and we disburse the payment to each of your creditors. We send client payments to creditors, twice each week. DMPs serve the dual purpose of helping you repay debts and helping your creditors receive the money owed them.

It usually takes approximately 36-60 months to repay debts through a DMP.

Many creditors will reduce interest and/or eliminate fees when you enroll in a DMP and make regular payments, so more of your payment goes toward reducing your debt, getting you out of debt faster. Additionally, many creditors will re-age your account after three consecutive payments, reporting the account as current and ending calls from collectors.

Developing money management skills is a crucial aspect of all debt management plans (DMPs). We want our DMP clients to be successful during and following their participation in a DMP.  To enhance the effectiveness of our counseling sessions, for those clients that are enrolled in DMPs, our financial education programs are incorporated into the plan.  These effective programs teach consumers how to budget, manage credit and routinely set money aside for financial goals and savings.   A maximum $50 initial fee covers all counseling and educational services and provides for free access, during the life of the DMP, to the following workshops: Personal Finance Management, Financial Firsts, Alternatives to Foreclosure and First-Time Homebuyers. Our comprehensive financial education program, "Financial Education Toolkit," also includes the texts for the Personal Finance Management, Identity Theft Resolution and Financial Firsts books. Certification in the Personal Finance Management program is also included and available in workshop and online formats.

ByDesign™ follows a set of Best Practices and has a Client Bill of Rights to ensure the highest quality of service.

If you would like help developing a plan to get out of debt, call ByDesign at 1-800-750-2227 or click here to start an online counseling session immediately.