Debt Management Program

The Debt Management Program (DMP) is a voluntary program to help clients resolve credit problems and repay debts while helping creditors receive money owed to them.

The DMP may be recommended to those who need more than counseling advice and could benefit from a structured repayment plan. The client makes one monthly deposit and FamilyMeans Financial Solutions distributes the funds to multiple creditors through the DMP.

A DMP may help:

  • Reduce interest rates
  • Stop late and over-limit fees
  • Lower monthly payments
  • Pay off debts in fewer than five years

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What else might be helpful?

You may want to consider starting your journey to financial freedom by meeting with a budget & debt counselor or student loan counselor to determine your first steps.

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