How To Start A Debt Management Plan

The objective of a debt management plan is to make your repayments more affordable. Rather than making lots of small payments to multiple creditors, you'll make the one payment to an intermediary. The concept is similar way to a debt consolidation loan, but you don't need to borrow money. This is an important distinguishing factor, especially if you've got a bad credit history. Missed and late payments won't affect your chances of getting creditor approval. Understanding Your Debt Management Plan You Read more [...]