Debt Management Program USA

If you’re having trouble paying off high-interest rate credit card debt on your own, a debt management program (DMP) may be the solution. It can help you pay off debt faster in a way that works for your budget by minimizing interest. In the right circumstances, it can save you serious time and money as you get out of debt



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What is a debt management program?

A debt management program or plan (also called a DMP) is a repayment plan designed to help you eliminate high interest rate credit card debt. You enroll in the program through a credit counseling agency that helps you find a monthly payment that works for your budget. It’s not a loan – just a better, more efficient way to pay off your credit cards and other unsecured debts. Think of it like a professionally-assisted consolidation and repayment plan.


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