Description
You may pay off all of your unsecured debt with one monthly payment under a debt management plan. Although a debt repayment plan is not a loan and won't allow you to pay less than what you owe, it can simplify the repayment procedure and hasten your debt elimination. Debt management services » are only applicable to unsecured debt. Not included are mortgages, vehicle loans, and other collateralized obligations. They also do not qualify for student loans. A debt management company, such as MNS Credit Management Group, which exclusively accepts contingency payments, charges a specified success fee or percentage.
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