DMP-debt management plans
Has anybody worked with an association that specializes in debt management plans? I have tried to obtain a debt consolidation loan and have been denied. I then read about DMP's and that would help me if I could find a reputable company. I went to the FTC.gov site looking for recommendations of an association that can help but did not find any that they would recommend.
If you have worked with an agency/company with success can you share their info?
Sometimes your bank will give you a personal loan to pay off debt. Just a thought.
I used Kimberly Credit a bunch of years ago with great success. You can also try www.careone.com if you want to do debt settlement instead of consolidation. They'll set you up with a lawyer who will then contact your creditors and get settlements close to 50% of what you owe.
@FJP ... my husband and I are working with Money Management International to repay our credit card debt. We do not have a debt consolidation loan, but went through credit counseling with them over the phone and entered into their debt management program ... they successfully negotiated lower interest rates with our creditors and we are repaying over 4 years and will be credit-card-debt-free. We pay $25 fee monthly for their "service" so overall it's affordable ... we are a year into the program and have already paid close to 30% of our debt off. May be worth looking into www.moneymanagement.org. We have had no issues with them and everything is paid on time. Good luck to you!
Sep '14
fjp, There are many ways to pay off debt. I can help. Please refer to my web site for the services I provide.
Best of luck!!!!
kb2755, you just need to click on my name and it will bring you to www.dmmsllc.com.
Thanks
I use care one and it's been a huge blessing. They made my monthly payment very affordable by combining 2 credit cards. Before I made the call, it was very hard making the minimum payment on those 2 cards. They work with your creditors, but it does not show up in your credit report. My friend recommended it to me, and I'm highly recommending it to you. It's 100% satisfaction guaranteed. It is also scored A+ on the better business bureau website.
http://www.careonecredit.com/Home.aspx?utm_source=Google&utm_medium=cpc&term=care+one+debt+Broad&utm_content=textad1&utm_campaign=main&gclid=CPn-yZCpisECFUVo7Aodl1sAYw
Thanks to everybody for the recommendations. I will research all and hope for the best.
I also just used Money Management. They create a 4-year payment plan consolidating all your debt into one payment.
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