Real estate blog entries tagged with debt by Mark Darner (Phoenix Company Fast Credit Repair)

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Home : Blogs : Mark Darner : Mark Darner's Blog : Tag "debt"

debt: Phoenix Company Debt Settlement - 02/27/10 06:08 PM

Q. What is the difference between a Debt Settlement Program and Debt Management Plan (DMP)?

A:Debt Management

In a debt consolidation programs, also known as a Debt Management Plan (DMP), you pay back 100% of your debt plus interest. Interest is commonly reduced to the 8% to 10% range. Additionally, Most Debt Management Companies have a monthly service fee tacked on to your monthly payment. Most people pay back about 130% of their debt over 5 to 6 year period. Debt Management has a moderate affect on a good credit file and will improve most poor credit files. … (0 comments)

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Mark Darner

Denton, TX

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Phoenix Company Fast Credit Repair

Address: PO BOX 568, Denton, TX, 76202

Office Phone: (214) 227-9644

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