Many creditors are willing to work with reputable
debt management companies because they know they will at least get some steady payment on the debts owed.
Not exact matches
When you enroll in a
debt management program you no longer need to communicate with your creditors directly
because the
company will contact them on your behalf.
It can be hard to find unbiased information about
debt consolidation
because many
companies have promoted misinformation and have purposefully created confusion about the differences between
debt consolidation,
debt management, and
debt settlement.
Non-fee charging
Debt Management companies are able to offer this service for free
because they have long standing relationships with most of the major UK lenders, which have agreed to pay them for providing this service.
From the perspective of
companies, it is therefore important to measure the
debt - to - equity ratio
because capital structure is one of the fundamental considerations in financial
management.
The student loan lender, a
company called Educational Credit
Management Corporation (ECMC), argued that the debtor's attempts to discharge his student loan
debts were premature
because he had not yet exhausted his administrative remedies.
Because there is no monthly
management fee to pay, your
debts will be paid back sooner than if you used a fee charging
company.