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FAQs About Debt Management Plans

Debt Guru

A debt management plan (DMP) is an agreement between a debtor (that’s you, the person in debt) and a creditor (think: your bank or your credit card company) that tackles your outstanding debt. If you’re feeling buried under the weight of multiple debts, a DMP might be the solution to escape the crush.

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National Debt Relief Review

Better Credit Blog

It’s important to research thoroughly before enrolling in a debt settlement program, according to the Federal Trade Commission. “Do Despite criticisms of these schemes, there are trustworthy companies out there that successfully settle debts for their customers. National Debt Relief won’t collect its cut of the money in advance.