What is a Debt Management Plan?

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Old May 18th, 2009, 04:49 AM   #1
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Default What is a Debt Management Plan?

Hello All Member,

What is a Debt Management Plan?

A Debt Management plan is systematic way to pay down your debt. A credit counseling agency will first do a comprehensive review of your current debt situation. Then the counselor will discuss numerous Alternatives for getting you back on track,including budget management and money management education.

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Old May 18th, 2009, 03:14 PM   #2
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Default Re: What is a Debt Management Plan?

Some firms do a good job but get references before hiring any firm because many do nothing but destroy your credit record.
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