5-Debt Management

Manage Your Debt

Most people at one time or another need help with their finances. This help may come from parents or friends that we trust, or it could come from a professional company that specializes in financial issues.

When it comes to managing our debt some of us need more help than others.   Now I know that for me I hate asking someone for help in managing my money. First off it is a little embarrassing to admit that I have messed up and not doing very well at the task.

However the smart thing to do is ask for help from those that know how to straighten things out and get me back on track. So seek out a debt management company that is well known in the financial industry. Now you may be asking what is a debt management company and how do they work?

Okay, so what is debt management? Debt management is the program that consolidates your credit card debt into one monthly payment, which is sent directly to your creditors by a credit counseling agency. A debt management program is one of the many options that a debt specialist might suggest when you’re having issues with debt.

Now you may be asking what qualifies as debt? To answer that; the following.

Qualified Debt:

  • Credit Cards
  • Collections
  • Unsecured Loans
  • Autos Repossessed
  • Unsecured Personal Loans
  • Unsecured Personal Lines of Credit
  • Medical Bills

So what are the benefits of debt management?

They will work closely with you to understand your situation and come up with a personalized plan that fits your needs and helps you get out of debt quickly. They can also offer you education and training on budget planning and financial management. Here are some of things they can help with.

  • Free debt counseling
  • Consolidate bills into one low monthly payment
  • Reduce your interest rates
  • Slash fees or penalties
  • Stop collection calls
  • Drastically lower your debt
  • Get a tailored plan that fits your financial needs
  • Improve financial stability

The debt management plan allows you to consolidate all of your unsecured debt into a single monthly payment and when you complete our program, you will have fully paid your debts off!

Now if this sounds like something that you may need or want, then I suggest that you talk to the people at “Debt Burst – a debt management service”, funny name, but you can talk to them for free, zero cost, no money, no credit card, nothing out of your pocket, like I said it is FREE.

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