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Credit Counseling and Debt Management Programs
Not all credit counseling services require that consumers participate in a debt management program, and not all consumers who need credit counseling also require a debt management program.
A debt management program is a program that helps consumers with their existing debt. Qualified credit counselors will take a look at your debt and income levels, discuss options for getting out of debt, and discuss the advantages and disadvantages of a debt management program with you.
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