Debt Management Program
What is a Debt Management Program?
A Debt Management Program (DMP) is a voluntary repayment program designed to consolidate unsecured debts into one affordable monthly payment. It is not a loan and is one of the possible solutions depending on a person’s financial circumstances.
How does it work?
We work with you to develop a plan that will satisfy your creditors, maintain your relationships and safeguard your assets. We arrange with your creditors to eliminate or substantially reduce the interest charges and find a payment that you can afford based on your income. We make it simple by having you make one monthly payment into Creditaid’s Trust Account and we take care of paying all your bills. We will deal with your creditors and eliminate collection calls.
Is Debt Management Program right for me?
By reviewing your complete financial situation we can determine if this program is right for you.
To learn more about Creditaid's Debt Management Program, complete the contact form or call us at 204-987-6890 / 1-877-900-2659.
