What is the debt management?

Financialculture · #1 (**permalink**) 03-04-2010, 07:22 AM

Debt Management Consolidation Credit Card Plans All our shopping today is done with plastic, credit card that is. One isn’t enough to meet our needs, so people have 5, 6, or even dozens of credit cards. Hence, it’s no wonder why people are laden under huge credit card debts. This debt keeps mounting every month and eventually repayment becomes unmanageable. If this problem sounds similar, you can probably seek help from debt management consolidation credit card. By using debt management and consolidation services, an individual is able to get rid of all his debts and annoying calls from the creditors. However, it’s quite vital to know more about such debt consolidation loans before you avail them.

sapphirecapital · #2 (**permalink**) 03-04-2010, 12:37 PM

ah you can consolidate and negotiate yourself, no services need and loans, especially new ones after the negotiation will be expensive due to risk considerations, interesting that there is no details on the interest rate etc... exchanging 5 credit cards for one loan has a price

mwise24 · #3 (**permalink**) 03-30-2010, 10:49 PM

Debt Management is where you work with a counselor to get your intrest rates lowered so you can pay off your debt in 3-5 years versus 30+ years on your own. I am currently in a Debt management program that got my intrest rates lowered significantly and I will be debt free in 2014. Also another perk of a debt management plan is that you only have one payment a month instead of 6,7,8 etc. The company that I am using is Consumer Counseling Service of Ohio and there website is debtwise24.weebly. This company offers free consultations and there are NO start up fees

sapphirecapital · #4 (**permalink**) 03-31-2010, 01:23 AM

all a matter of discipline

coach2wealth · #5 (**permalink**) 04-09-2010, 11:00 AM

The best solution to your financial problems is you. Quit playing with your debt and pay it off. Set solid goals, build a plan to reach those goals and execute your plan. You can win!

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