Debt Management Plan vs. Credit Card Consolidation vs. Debt Settlement

An in-depth guide to finding the best approach to paying off credit card debt


Credit card debt can be overwhelming. Even when we’re making the minimum payments, it can still take between 20 and 25 years to pay off a credit card balance.

It’s at times like these that we’re most vulnerable to the offers that appear in our mailbox. When dealing with offers like these, what seems too good to be true probably is. It is possible to pay off credit card debt and there are services that can help you, but it’s easy to get confused by all the advertising.

That’s why we’d like to provide you with a breakdown of the three most widely used methods of managing credit card debt and provide you with the information you need to make an informed choice about your financial future.

In this guide, you’ll learn to be able to tell the difference between:

  • Debt Management Plan
  • Credit Card Consolidation
  • Debt Settlement

More than that, you’ll have the information that you need to:

  • Save thousands of dollars in interest
  • Shorten your payment schedule
  • Protect and improve your credit rating