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debt management plan may be the help you need. Along with the debt man- agement program, taking advantage of consumer credit counseling can help you create a budget you can live with and teach you the money management skills you will need to avoid unmanageable debt in the future.
A debt management program can help you if:
• You can no longer afford the minimum monthly payments
required by your creditors.
• Your month payments are at least 30 days late, or a
sudden reduction in income will make it impossible for
you to make your payments on time in the coming months.
• Your credit report shows late payments.
• Reviewing your income shows that, while you cannot afford full payments to your creditors, you do have enough income to use a debt management program.
• You have a steady income.
• You have not recently opened any new lines of credit or made charges on an account within the last three months.
Advantages of a Debt Management Program
A debt management program can provide some much-needed relief and help you begin working your way back to financial freedom. No credit check is required, and FFEF does not require you to provide security or collateral to qualify.
Is a Debt Management Program for You?
