The benefits of debt management programs include having debt collectors communicate with a counseling agency instead of the debtor, no requirement to qualify for a new loan or credit card, the potential to reduce or waive interest and fees, and access to professional accountability to avoid adding new debt.

Authors

• Person: Not available Organization: Valley Credit Union
  Debt Consolidation vs Debt Management: Which Is Right for You?

Sources

• Debt Consolidation vs Debt Management: Which Is Right for You? www.valleycu.org Valley Credit Union via serper

Referenced by nodes (1)

• debt management programs concept