Get out of Credit Card Debt

Debt Management
Pros and Cons of Debt Management Programs

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How does a Debt Management Program Work?

You will talk with a specialist who knows all about the program and can help you get verified and approved for a debt management program. You only need to give out your basic information to generate a quote.
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Ready to start down the path of financial freedom and remove your debt? We can direct you.
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P:ros and Cons of Debt Management Programs

The Pros and Cons of Debt Management Programs

Pros
One affordable monthly payment (typically lower)
Reduced payment period (close to half the time)
Over the limit and late fees waived (after 90 days in a program)
Bring past due accounts current (after 90 days in a program)
Reduce debt to income ratio
End Creditor Calls (after 90 days in a program)
Daily interest is converting to simple fixed interest (daily interest converted to once monthly interest)
Does not destroy your credit and it can lead to a better credit score
Benefits programs and financial education
No out of pocket fee (some companies offer to put the fee on a card already going to be closed in the program)

Cons
One time fee ($400-$1500)
Cards are closed (Closed during program, so your credit is not negatively impacted)

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