Debt Management

//Debt Management

In Debt? We Offer the Best Debt Elimination Services

Debt management companies are springing up almost everywhere. These companies help “manage” your debt by taking one monthly payment from you and distributing the money among your creditors, with whom they’ve often worked out lower payments and lower interest. This is not a loan as with debt consolidation. Sometimes people get the two confused. However, because Americans are up to their eyeballs in debt, the debt management business has become one of the fastest-growing industries today. The actual debt help is found only in changing your behavior. In short, debt management companies are out. Hard work is always in. Change your financial behavior and change your life—for good. Proper debt management is about one thing: you controlling your money.
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Powell Benefit Group’s Approach is Different

While on the debt management plan, creditors may take note of your credit report that you are on a plan or in “credit counseling.” Being reported as late or delinquent can certainly hurt your credit scores, but a notation about credit counseling will not. The most significant impact on a credit score is payment history. Powell Benefit Group can help you get out of debt without your credit taking further damage. If our plan seems reasonable to you, then call us and get our assistance!

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