Sentences with phrase «distributes monthly payments to the creditors»

It's a way to pay down your outstanding debt through the agency, which works with creditors to lower your interest rates, and then distributes monthly payments to the creditors, while offering fundamental financial advice that could prevent a repeat of the problem.

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You are required to make one monthly payment to your credit counselor, who then distributes the funds to your creditors on your behalf.

You make one monthly payment to the agency and it distributes payments to your creditors.

You'll make a monthly payment to your credit counseling agency every month, and the agency will distribute the payment to all of your creditors.

That mountain of depressing bills is consolidated into one monthly payment, and the non-profit agency distributes the funds to creditors.

An appointed case trustee may automatically deduct some monthly payments from the wages and then instantly distributes to the creditors.

With a debt management plan, you make a single monthly payment to your counseling agency, which then distributes monthly amounts to your creditors.

The amount of your fixed monthly - consolidated payment will be distributed to each creditor by the agency you have hired.

«When a consumer is unable to meet their regular monthly debt payments, our agency as well as other (accredited agencies), may establish a DMP to help the consumer manage and pay off their unsecured debt by having the consumer deposit a monthly payment into a (trust account) which, in turn, is distributed to their creditors,» Hannah says.

You'll make one monthly payment to the credit counseling service, and they distribute funds to your creditors according to your debt reduction plan.

You'll make a monthly payment to your credit counseling agency every month, and the agency will distribute the payment to all of your creditors.

They'll collect one monthly payment from you and distribute funds to your creditors per the terms of your repayment agreement.

You will then need to send one monthly installment to the agency and they will distribute the payments to each of your creditors.

Therefore, you need to make a single monthly payment to the consolidation company, which will then divide and distribute the payment amongst your creditors and collection agencies.

You are required to make one monthly payment to your credit counselor, who then distributes the funds to your creditors on your behalf.

The plan must include fixed payments on a regular schedule — typically biweekly or monthly — paid to the trustee who then distributes the funds to creditors according to the plan's terms.

You make a single monthly payment to that agency and they distribute the money among your creditors.

They will help pay your bills — you send them one monthly payment, and they distribute the payments to your creditors.

You make the agreed monthly payment to a debt management company which distributes the payments among your creditors for you.

You need to make a single monthly payment to the counselors, who distribute the amount amongst your creditors.

The consumer credit counseling company will then distribute the multiple monthly payments to each of your creditors, with the new reduced interest rate, making it easy for a person to manage their debts.

Some debt management services do nothing but take your monthly payment and distribute it to your creditors.