Credit Counseling is a free service that includes analyzing an individual or family’s, liabilities, assets, monthly expenses and monthly income.

One of the debt-payoff strategies we may recommend is a debt management program (DMP).  Benefits typically include reduced interest rates and lower monthly payments. Along with becoming debt free in fewer than five years.

About 65% of the clients that enroll onto a debt management program successfully payoff their debt. The most common reason why some people don't succeed is due to a financial hardship such as job loss or increased expenses.

In most cases, no. But you may see a drop in your credit score when you accounts get closed after enrolling. Clients that remain current with their payments on the program will likely see their score go up as their balances go down.