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Debt Management Plans (DMP)

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Do you want to pay off your unsecured credit card debt? 

Are you making monthly payments but just not getting anywhere? 

Do you want to avoid personal loans from family or financial institutions?

A debt management plan (DMP) could be just what you’ve been seeking. A DMP allows you to fully repay your debts while making your payments more affordable.

What is a debt management plan?

Debt management plans combine multiple debts – like credit cards or unsecured personal loans – into a structured repayment program with a lower, single monthly payment. 

Credit counseling agencies, like FCAA members, create personalized debt management plans and manage the plans to help the borrower succeed.

With a debt management plan, you could benefit from:

  • No more late fees
  • Reduced interest rates
  • No calls from creditors or debt collectors
  • An affordable, responsible way to pay off your debts 

Contact a certified credit counselor to learn more

If you want to pay off your debt and lower your monthly payments, contact an FCAA member credit counselor to see if a debt management plan is right for you.

Call the FCAA at 800-450-1794 to speak with a certified counselor, or complete our online form to be connected with a counselor.