Debt Management Plans (DMP) and debt settlement are both ways to pay off debt, but they work differently. They also have different consequences, so it’s important to understand how they both work so that you can make the right decision for you.

A debt management plan (or DMP) is a popular debt repayment method that helps consumers save money and manage their monthly debt payments. Most DMPs usually include significant interest rate reductions. How do they work and is one right for you? Here's what you need to know.

Looking for ways to repay debt and save money in the process? Here's how much you can expect to save with a debt management plan (DMP).

This twenty-question test may help give you insight into your financial wellness.

Edidiong Obot first went into debt after buying a laptop with an Apple Credit Card. A few credit cards later, Edidiong found herself $30,000 in debt. After being recommended to MMI, she paid off that debt in just over three years, while increasing her credit score by 60 points.

For Mike Clement, a septic tank was his ‘tipping point.’ After he and his family moved to a larger house on four acres, unexpected repairs started piling up. While working with the debt relief counselors at Money Management International, Mike paid off $72,000 of debt in 4.5 years and learned how to use credit responsibly.

Jason outlines his journey from financial strain to achieving significant financial milestones by paying off $25k in debt!

Three professionals join Adam to discuss all things student loans including loan repayment and forgiveness, how to apply for repayment initiatives, and the mental impact that student loans can have on the borrower.

While working with the counselors at MMI, Lauren paid off $25,000 of debt and increased her credit score by 113 points. Lauren describes the counselors at MMI as her guiding light; she worked hard while they cheered her on.

Marlon Ibarra started using credit cards as a young college student with a newborn on the way. His relationship with credit has been tenuous, opening new lines of credit to accommodate his growing family. Working with the debt relief counselors at Money Management International, he paid off $98,000 in just over four years, increasing his credit score 217 points along the way, and learned valuable lessons about understanding needs versus wants.