A Debt Management Program (DMP) can take the chaos out of juggling multiple bills, by rolling eligible unsecured debts into one monthly payment — often with lower interest rates.
However, there are some important considerations to take into account. Enrolling may mean closing credit cards, seeing some short-term credit score changes, and learning that not every debt or lender makes the guest list.
Our partners at GreenPath Financial Wellness can help with guidance on whether a DMP can work for you. They can help you decide whether it makes sense for your debt situation. To learn more about DMPs, visit Debt Management Program Pros and Cons: Is It Right for You? - Greenpath Financial Wellness.
