Cash On The Blog

Leo J Quinn, Jr. Got debt? Chances are, you’re doing what you can to pay it off, as quickly as possible. You want to be debt-free. A worthy goal, to be sure. But what do you do in the meantime? Having a debt management plan is just as important as having a debt reduction plan. [...]

Debt Management Plans (DMPs) are debt relief programs designed for debtors who are facing debt issues. The plans involve an arrangement in which credit counseling or debt counseling agency negotiates with the creditors to get a discount on debt amount, reduce or freeze the interest rate, waive the late fees to make the monthly repayment [...]