Are Debt Management Plans A Good Idea?

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Are Debt Management Plans A Good Idea?

blarney Rep Points:

Posted on September 8, 2009 at 4:45 am

are debt management plans a good idea? how can they help me as a consumer? how's it gonna appear on my credit?

Lurker (Guest) Rep Points:

Posted on September 8, 2009 at 6:18 am

I believe everything has a good and bad side to it, and I for one believe that a debt management plan is a good idea especially in terms of ease of payment on your end. Instead of paying all your creditors separately, being part of a debt management plan allows you to make just one payment, which in turn will distributed to all your creditors.

k (Guest) Rep Points:

Posted on September 8, 2009 at 4:41 pm

Destiny Rep Points:

Posted on February 8, 2010 at 3:43 am

are debt management plans a good idea?It could be, what is your financial situation? Are you employed? How much do you owe?Are they unsecured debts? If they are, are they current or past due?