A Debt Management Program (DMP) may initially affect a consumer's credit score if accounts are closed, but it can improve credit over time by reducing balances and ensuring on-time payments.

Authors

• Person: Not available Organization: Harvard Federal Credit Union
  A Comprehensive Guide to Debt Management Programs

Sources

• A Comprehensive Guide to Debt Management Programs harvardfcu.org Harvard Federal Credit Union via serper

Referenced by nodes (2)

• debt management program concept
• credit score concept