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Financial Education & Resources Frequently Asked Questions Debt Management Program If I go on a Debt Management Plan, how long until I am debt-free?
Financial Education & Resources Frequently Asked Questions Debt Management Program If I go on a Debt Management Plan, how long until I am debt-free?
| If I go on a Debt Management Plan, how long until I am debt-free? |
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Most clients are enrolled in a DMP for 2-5 years. However, the length of your enrollment will vary depending on the amount of debt, the proposed monthly payments, and when your creditors expect the balance to be paid in full. One of our credit counselors will discuss this with you during the initial credit counseling session and provide you with an estimate of how long it will take. |
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