Comparing a debt management program to a debt consolidation loan.
An expert answer from April Lewis-Parks
This is a great question because you’re in a situation that people often find themselves in – where your credit score isn’t high enough to qualify for a low-interest debt consolidation loan, but it’s not so bad that you’re unconcerned about potential damage to your credit score if you use a debt management program. It’s basically a gray area when it comes to credit scores and debt solutions.
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