Is a Debt Management Plan the same thing as a consolidation loan?
No. While in a debt management program, you simply make a single monthly payment to us to cover all of your debt payments. In return, you get a lower payment than you now make to creditors. That way you get out of debt and stay that way. We do not loan you more money. We make arrangementswith your creditors to pay off your existing debt on terms more amenable to you.
