One option for helping overextended consumers to repay unsecured (credit card) debt is a Debt Management Plan (DMP). For eligible clients, Financial Pathways will negotiate with creditors and seek a cooperative plan to eliminate the debt with all creditors through one monthly payment over a specific period of time.
DMPs are structured to fully repay the credit accounts and are not the same as debt forgiveness or debt settlement. DMP’s cannot be used to address secured credit such as car loans or mortgages.
There are fees associated with this service.
|View the Debt Management FAQs|
|336-896-1191 or toll free 888-474-8015|