How much will a debt management plan save a month?

January 9, 2009

Debt Management Q&A, featured

EMB asked:

I am looking into a debt management plan. We tried a home equity loan but our credit has gone down to far for it. The one that I just applied for said they save on average $125 a month….that won’t cut it. Anyone have been success than that? I don’t need lectures…unfortunate health circumstances put us here. We just want a better life. I would love to hear success stories!

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4 Responses to “How much will a debt management plan save a month?”

  1. MJ23 Says:

    Well i owed about 4,000 in debt and now i currently pay $130 a month. The payment is divided up and dent to each credit card company. Yes it will take a lot longer but i could not afford to pay without the debt program. Your payment is usually flexible and determined by your monthly expenses and salary. When looking for programs make sure to do proper research. I have worked with 2 companies that were horrible. I am now with greenpath and i love them. They don’t harass you and ask you tons of questions about why you could not pay the bills. They understand and they are very attentive and they do what they say there going to do. I wish more people understood how hard it is to pay bills with unfortunate health but i hope i helped. Good luck!!

  2. Jody S Says:

    Depending on your total debt amount, you can save upto $300 or more per month.

    Here is the source of debt consolidation company named for your reference.

  3. Rose. Says:

    Depends on how much debt you have. I’m saving $500 a month right now though. Here’s the company I’m using:

  4. Jessica R Says:

    Hmm, well I think because I cannot give you a reputable answer, the best option is to speak with a financial consultant at.

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