There are many debt relief options and
two popular solutions, a debt management programs and debt settlement plans. A common misconception is that they are the same thing but they are actually two very different types of solutions. A debt management program or DMP as it’s commonly referred to is the relief option where you pay
back your principal in full but your interest rates are reduced or even
eliminated. You only have one payment to make each
month instead of several and your credit score stays intact and may even improve
while on the program. The key to a successful debt management program is
that more money goes to eliminating the principal while high interest rate
charges end. In comparison with a debt settlement program you don’t pay back
everything you owe a debt settlement specialist negotiates with your
creditors with the goal of getting them to sign off on a settlement offer where
they agreed to reduce your principal so you only have a portion of the original
amount once they agrees the debt settlement the
creditors receive their money from what you set aside in a program savings
account. After you complete a debt settlement program you will enjoy
freedom from debt but it may take a few months to a few years to rebuild your
credit rating depending on your unique situation. To find out which option is
better for you fill out our form or better yet call us now! We’ll match you
with the best solution for your situation for free we’re a plus rated by
the Better Business Bureau and have helped thousands of people become
financially stable so don’t struggle any longer give us a call when life happens
we’re here for you.