From managing your debt in normal circumstances, to enrolling in a debt management program if you’re having trouble, we tell you what you need to know.
Debt management doesn’t have to be so confusing.
Here’s a quick and easy 60-second snapshot of how debt management work in normal circumstances. You manage all of your debt on your own paying off as much as possible each month to avoid issues, but when credit card debt gets out of control, the bills outstrip what you can afford to pay.
A debt management program helps you reign and run away from debt by combining all of your unsecured debts into one payment. You only have to worry about one bill each month so you’re not juggling multiple payments plus interest, that’s reduced or eliminated completely.
You can get out of your debts faster even though you pay less each month instead of the decades it takes to pay off debt on a minimum payment schedule most people are debt free and 60 payments are left so if you’re feeling overwhelmed. And to rainy days ahead we can help.