Credit counseling agencies determine interest rates for Debt Management Programs based on a consumer's ability to pay, with rates ranging from 0% to 6% for hardship cases (credit scores of 550 or below) and averaging 8% for most other clients.

Authors

• Person: Not available Organization: InCharge Debt Solutions
  Debt Consolidation vs Debt Management: Which is Best?

Sources

• Debt Consolidation vs Debt Management: Which is Best? www.incharge.org InCharge Debt Solutions via serper

Referenced by nodes (1)

• debt management program concept