You've hit many points spot on, however, somethings are not true. DMP will not ask you to miss any payments, in fact they are going make it a strong point that you continue to pay your creditors until you've received official confirmation you've been accepted by them into the DMP.
@SuccessMindset2180
Ай бұрын
Choosing right plan is always a priority
@Joshualibbyy
3 жыл бұрын
Im 25% into my DMP and i was 10k in credit card debt. Im only 22 didnt wanna file bankruptcy so young
@mattmcclure726
4 жыл бұрын
It sounds like you’re talking about a debt settlement plan, not a debt management plan. From my understanding, an accredited, non-profit credit counseling service doesn’t ask you to stop making payments for months on end as part of a DMP. A for profit company selling you a debt settlement plan makes you do that, though. I know because I nearly ruined my credit one time by entering into such a program, but I thought better of it and backed out last minute.
@moneysharp
4 жыл бұрын
That’s great news Matt. There are all kinds of plans out there and many will try to put you in a leveraged position by not making payments. You were sharp enough to protect yourself. Thank you for sharing!
@normanjkarp7701
4 жыл бұрын
I started to do this but realized i was going to pay the company to do it $7,000 + some of the money to the creditor only saved 30% of the debt not worth it
@marcellepinejr9306
4 жыл бұрын
I realy understand the show I have completed them how do i get the certificate show i completed it Thank you
@donnaadams7121
5 жыл бұрын
Is there a bankruptcy for 73 yr olds on fixed income?
@roycenorris8492
4 жыл бұрын
Yes there is. Chapter7
@marcellepinejr9306
4 жыл бұрын
the only way i want to go is complete bankruptcy i have want to file divorce after that is over .
@olgaberch9262
7 жыл бұрын
ok
@moneysharp
6 жыл бұрын
Thanks for checking us out Olga!
@moneysharp
5 жыл бұрын
Thanks for the feedback! Let me know if there's something you'd like to see me cover here.
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