Work with our team to design a structured repayment plan. With DMPs, we negotiate with your creditors to possibly reduce interest rates and waive certain fees
A Debt Management Plan is a systematic approach to repay debts. With the guidance of a credit counselor, you consolidate your unsecured debts into a single monthly payment. This process often involves negotiating with creditors to reduce interest rates or waive fees, making repayment more manageable and efficient.
1. Simplified Payments:
No more juggling multiple bills. Consolidate your payments into one manageable sum each month.
2. Reduced Interest Rates:
Through negotiations with creditors, you can benefit from lower interest rates, accelerating your journey out of debt.
3. Waived Fees:
Say goodbye to those pesky late fees or over-limit charges.
4. Expert Guidance:
Receive continuous support and advice from experienced credit counselors.
1. Personalized Assessment:
We start by understanding your current financial situation, including your debts, income, and expenses.
2. Plan Design:
Our experts create a DMP tailored to your needs, ensuring it's realistic and achievable.
3. Negotiations:
We communicate with your creditors, aiming to reduce interest rates, waive fees, and ensure you get the best terms.
4. Implementation:
Once agreed upon, you'll make a single monthly payment to DebtGone. We'll disburse these funds to your creditors as per the plan.
5. Continuous Monitoring and Support:
Throughout the DMP, we'll regularly review your progress, making adjustments if necessary, and offer advice to keep you on track.
Debt Management Plans aren't for everyone. They are best suited for individuals:
If you're struggling with high-interest credit card debt or find it challenging to manage multiple bills, a DMP could be the solution.