Sentences with phrase «debt management companies often»
Unscrupulous debt management companies often prey on desperate people in financial trouble.
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A debt management company will often charge up - front fees as a «set up» charge and is paid a kickback or «fair share» as a percentage of the surplus that is paid to your creditor.
Desperate consumers often don't stop to look at the fine print or to question the credentials of a debt management company.
When you agree to sign up for a Debt Management Plan, the banks and credit card companies often agree to waive fees and lower your interest rates, which makes it more affordable to pay down your debts.
More often than not, if you go to a specialist debt management company for help, you'll be offered a debt management plan, even if it takes you 20 years to pay off your debts.