Get Started

Credit Counseling / Debt Management

If you’re struggling with your finances, it’s important to know that several options are available to help you get back on track. However, determining which option suits your specific needs can be challenging. We invite you to speak with one of our representatives today and provide details about your financial situation so that we can explore the options available and guide you toward the most appropriate choice for you.

  • Typical settlements of 50% or greater
  • Qualification confirmation within minutes
  • A single, affordable monthly payment
  • No-commitment consultation
See Your Options

Talk to a certified debt consultant. +1 (866) 606-6413

What is Consumer Credit Counseling Debt Management?

Debt management is a program that helps individuals struggling with debt regain control of their finances. It involves working with a credit counseling agency to create a debt management plan, which typically includes negotiating with creditors to lower interest rates and monthly payments.

What are the pros?

The pros of debt management include:
  • Lower interest rates: A debt management plan may help you to negotiate lower interest rates on your debts, reducing the total amount you owe.
  • Simplified payments: With a debt management plan, you make one monthly payment to the credit counseling agency, which then distributes the funds to your creditors on your behalf.
  • Professional guidance: A credit counselor can provide expert guidance and support to help you manage your finances and develop good financial habits.

What are the cons?

There are multiple cons to debt management, which include:

  • Fees: Credit counseling agencies may charge fees for their services, which can add to the overall cost of the program.
  • Negative impact on credit score: Entering a debt management plan can have a negative impact on your credit score, as it involves closing some or all of your credit accounts.
  • Potential for debt consolidation loan rejection: If you need to apply for a debt consolidation loan in the future, your participation in a debt management plan could make it more difficult to qualify.
  • Lengthy repayment period: Debt management plans typically involve a longer repayment period than other debt relief options, which can mean paying more interest in the long run.

It’s important to consider all the pros and cons of debt management before deciding if it’s the right option for you. It may be helpful to speak with a credit counselor and explore other debt relief options, such as debt consolidation or bankruptcy, to determine the best course of action for your situation.

Top Rated Debt Relief Company

Excellent

5 stars out of 5 stars based on 820+ reviews

Fast, efficient and a pure delight to work with!!!! I had the absolute privilege of working with a young woman named Marissa Ciara who handled my account.

Thomas Clark

David Karmann is kind, caring and considerate! He is also patient and was truly a pleasure to speak with.

Ethan Martinez

Representative is always helpful and knowledgeable and makes me feel secure in the fact I am on my way to debt resolution. Happy customer! Highly recommended.

Renee Courtney

Ken helped a friend of mine get out of debt and I figured I would give this a shot due to her success.

James

See Better Debt Solution's Reviews

Accreditations

DEBT RELIEF SOLUTIONS

Are You Prepared To Pay Off Debt?

Get your financial freedom back and have a new beginning.
Call us Now: (866) 606-6413

Resolve My Debt

Office Hours

Monday – Friday: 7:00 AM – 7:00 PM PST
Saturday: 8:00 AM – 4:00 PM PST

Location

2525 Main St #500, Irvine, CA 92614, United States
[email protected]

Debt Management Services

Resources

Privacy

Location

2525 Main St #500, Irvine, CA 92614, United States
[email protected]

Copyright © 2024 Better Debt Solutions, LLC. All rights reserved.

Better Debt Solutions offers expert debt resolution services to help our clients regain control of their finances. Our goal is to help our clients to save as much as possible on their enrolled debts, and we’ve seen average savings ranging from 40% to 60% upon successful completion of our program, before program fees. Fees are calculated based on a percentage of your enrolled debt at enrollment and typically range from 14% to 27%. Our program usually runs from 24 to 48 months, and clients must save at least 25% of each enrolled debt due to the creditor before we can make a bona fide settlement offer. Settlements typically occur every 3-6 months after the previous debt is settled, with clients receiving their first settlement within 4-7 months of enrollment. Although we cannot guarantee specific results, we work closely with our clients to provide the best possible outcomes. We do not assume clients’ debts, make monthly payments to creditors, or provide tax, bankruptcy, accounting, legal advice, or credit repair services. Our program is not available in all states, and fees may vary by state. Please note that using debt resolution services will likely have an adverse effect on your credit, and you may face collections or lawsuits from creditors or collectors. Additionally, your outstanding debt may increase due to the accrual of fees and interest. Clients may withdraw from the program at any time without penalty and receive all funds from their dedicated account, except for funds earned by our company or fees paid to third-party service providers, as applicable. Before enrolling, it is essential to read and understand all program materials. Please note that certain types of debts may not be eligible for enrollment. Also, some creditors may not be eligible for enrollment because they do not negotiate with debt relief companies. To determine the offers you may be eligible for, we conduct a “soft credit pull.” The soft pull is not a tradeline entry, does not affect your credit score or creditworthiness, and only takes a few minutes. Better Debt Solutions, LLC (2525 Main Street Suite 500, Irvine CA 92614) is fully licensed and accredited by the Better Business Bureau and International Association of Professional Debt Arbitrators. Debt resolution services and negotiations may be done by fully licensed and accredited third-party companies. Contact us today to learn more about how we can help you achieve financial freedom.
Home
Debt Management Services
How it works
About
Resources