Debt Management Plan

debtoff.com Plan

Your individual debtoff.com counselor will work directly with you to determine the best possible Debt Management Plan to meet your needs. They will offer suggestions on how to best budget your available funds, while determining your new payment. Your counselor may also be able to recommend a lender specializing in debt consolidation loans after just 6-8 months of on time payments. However, we cannot guarantee you a loan since approval or denial is the sole right of the lender.
After deciding which Debt Management Plan will be the most beneficial, you decide on a payment date. This will be your one and only payment date every month.
After a payment date is set. debtoff.com will then contact all of your creditors and arrange to have your payments lowered, and your interest rates reduced. You just send one consolidated payment to debtoff.com each month on your individual payment date. debtoff.com will then distribute the individual payments on your behalf. Your creditors will continue to send you statements, so you will see your balances dropping.
Continue to make your payments on time, and you will quickly enjoy the benefits of a better credit rating, debt elimination, and total debtoff.com.

(The initial repayment plan is subject to adjustment based on creditors' individual requirements-debtoff.com will notify you when more payment may be required to satisfy creditor's needs. There is no industry standard as to what benefits creditors will extend to debtoff.com's clients, so every repayment plan depends in part on which creditor is involved.)