Sentences with phrase «services under a debt management plan»

A licensee may charge a reasonable fee for providing debt management services under a debt management plan.

Not exact matches

The type of services covered under the new rules are companies that promise to 1) work with a creditor to settle the debt for a lesser amount than is owed, (debt settlement companies) 2) work with all of a consumer's unsecured creditors to promulgate a debt management plan to vary the terms of all such debts, under a debt management plan (debt management companies) and 3) negotiate with a creditor to lower the interest rate of the outstanding debt and / or waiver of certain debt fees, such as late fees or over the limit fees (debt negotiation companies).

Don't forget — debt and budget counseling is always free and you're under no obligation to use any of our other services, including debt management plan.