A debt consolidation program is a formal agreement between the debtor (you) and the creditor(s). Debt consolidation programs are designed to consolidate and manage your debt into one program. It helps reduce outstanding debts at a reduced payment level over a span of time.  Each program is tailored around the individual’s financial situation. To gain a better understanding of which plan works best for a debtor an analyst reviews your income and monthly expenses.

Debt consolidation […]