The top 10 credit card issuers have agreed to implement changes to provide more affordable Debt Management Plans (DMP) and hardship programs for consumers, in a response to a Call to Action from the National Foundation for Credit Counseling (NFCC). The call to action is supported by American Financial Solutions and its fellow members of [...]

When people ask me about a Debt Management Plan (DMP), they are usually looking for a magic wand that will erase all of their debt woes. Needless to say, there is no magic wand to improve your financial situation or poor credit rating. Improving these takes work, personal dedication and time.
The DMP is a program [...]