Debt Management Plans
Debt Management Plans, which are often called DMPs, are plans that allow debt relief providers to work directly with creditors to secure benefits. These benefits, which vary by creditor, typically include reduced interest rates, lower monthly payments, waived fees such as late fees and over the limit fees. If the DMP works within your budget, you may find this to be your first and best option. Learn why by using the links below.
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What is a DMP?
Discover how debt management works, and why it is a powerful tool for eliminating debt.
What are the Pros and Cons of a DMP?
Debt management can be the right solution for many people. Is it right for you?
How do I choose a DMP provider?
There are plenty of things to consider when you're trying to find a reputable debt management provider. We'll give you some guidelines here.
Review the Debt Consolidation Provider Checklist
Use our Debt Consolidation Provider Checklist to compare the CareOneSM service with other services.
