Contact Us

Privacy Policy And Terms Of Use







A Genus Debt Management Program Can Help Both The Consumer And Creditor


These days, there are no easy get out of debt free cards. For many Americans, it has taken a number of years to get into debt; therefore, it is going to take a significant amount of time to climb out of the hole that they have created.

One source of help is through a genus debt management program which offers relief in paying off unsecured debt that could lead to bankruptcy if it is not contained. These services are available to anyone who is facing financial hardship.

 

Through the Genus debt management plan, consumers are given a chance to pay off their debt in a timely manner through one low monthly payment, saving them money and their credit scores in the long run. Often creditors will agree to lower annual percentage rates (APR) which reduces the overall balance. Lower interest rates lead to lower payments, increasing the amount of available cash in a household budget to eliminate debt sooner, rather than later. Still, this process will take time, depending on the amount of debt a person owes.

The Genus debt management plan is just as beneficial to creditors as it is to consumers. When a person is unable to pay their bills, it costs the company in time and effort to send out reminders and make repeated calls for payment. However, accepting payments under this type of plan guarantees that the company will be able to recoup some of its losses from late or missed payments.

The purpose of a company that offers a genus debt management plan is to act as a liaison for both the consumer and the creditor to reach an amicable agreement for repayment of debt. Some consumers can have their monthly payments reduced by as much as 50%, adding a significant amount to their budget. This is a definite plus during these lean economic times where many people are seeing their wages reduced or eliminated as the cost of food and other general living expenses have increased.

Creditors will receive timely, consistent payments towards outstanding debt owed by the consumer. This avoids the number of debts that are written off because consumers are unable to make any type of payment on their own, so they simply decide to stop paying altogether. The credit management agency handles the negotiations which may sometimes become volatile between creditor and consumer because of the level of stress one or both are experiencing.





Berwyn, Watertown, Jonesboro, Wyoming, El Campo, College Park, Niles, Lake Forest Park, Tallahassee, Wisconsin, Moss Point, Truckee, Ohio, Rancho Cordova, Beavercreek, Newark, Council Bluffs, Tavares, Sherwood, West Bend, Scarsdale, Mexico, Muncie, Whitewater, Georgia, Santa Rosa, Grand Island, Syracuse, Richmond Heights, Arkansas City, Taylorville, Sarasota, Washington, Circleville, Woodstock, Milwaukee, Bakersfield, West Linn, Country Club Hills, Minnesota, Oklahoma, Lakeville, San Rafael, District of Columbia, Midvale, Columbus, Colonial Heights, North Richland Hills, Big Rapids, Gatesville, Loveland, Sherwood, Eastlake, Lake City, Corinth, Gary, Myrtle Beach, Escanaba, Howard, Solana Beach, Shorewood, Effingham, Manassas, Weatherford, West Jordan, Richmond, Indian Trail, Savannah, Titusville, Leesburg, Watervliet, Iowa, Pinecrest, Garden City, Dallas, La Habra, Bonney Lake, El Monte, Edina, Bremerton, Rancho Cucamonga, Moore, Trotwood, Delaware, Brockton, Scotts Valley, Sikeston


Can We Still Use a Joint Bank Account If I Do a Debt Management Plan?

By James Falla
If you are planning to start a debt management plan one of the most important things to consider is your bank account. We consider your options if you currently have an account in joint names with someone else. Whether or not you can continue using a joint bank account when you start your debt management plan (DMP) will largely depend on whether there is currently an outstanding overdraft and whether you personally owe anything else to the same bank.
[READ FULL ARTICLE]

Debt Management - The Debt Elimination Lifestyle

By Alan Pavan
There is simply no way that the average person can eliminate debt and start building wealth without making serious changes to his or her lifestyle. Those who don't change how they live won't be able to eliminate debt or build wealth.
[READ FULL ARTICLE]

What is a Specialized Debt Management Program

By Cornie Herring
Normal-traditional debt management program is designed for those people who have debts that are exceeded their repayment capability. Traditional debt management normally works hand-in-hand with credit counseling to help the debtors to resolve their debt issues. But there is another specialized debt management program which dedicated for people who have good credit. Read this article for more information on specialized debt management program.
[READ FULL ARTICLE]

Debt Management - Correct Management Key to Success

By Owais Siddiqui
Financial liabilities create a lot of problems when one has to repay them. For instance in case of secured liabilities like personal loans, the liability holder is always under mental stress.
[READ FULL ARTICLE]

Debt Management Tips - 5 Hot Tips to Get Out of Debt Now!

By Jake Worthington
Your debt is out of control and the stress is eating you alive. You desperately need some debt management tips to keep you from going crazy. Sound familiar?
[READ FULL ARTICLE]

Debt Management | Genus Debt Management | Nustart Debt Management | Crown Financial Services | Dwp Debt Management | Trinity Debt Management | Debt Busters | Online Payday Loans | Debt Management Plan