Debt Management Plans Explained (2025): The Truth About Lowering Your Debt With DMPs

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Debt expert Gordon Oliver, Director of Business Development at Cambridge Credit Counseling, breaks down how Debt Management Plans (DMPs) work, when they’re the right choice, and how they compare to bankruptcy vs. debt settlement. If you’re looking for debt relief options, this webinar is for you.

???? What You’ll Learn in This Webinar:
? How a Debt Management Plan (DMP) can lower your credit card interest rates & monthly payments
? When to choose a DMP vs. bankruptcy vs. debt settlement
? How to qualify & enroll in a DMP and what to expect
? The impact of DMPs on your credit score & long-term financial health
? The biggest mistakes people make when managing debt repayment
? BONUS: Expert budgeting tips & financial wellness strategies

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???? Struggling with Debt? Take Action Now!

???? Learn More About Debt Management Plans:
https://link.upsolve.org/3X7aOj4

???? Book a FREE Debt Counseling Call:
???? https://calendly.com/camupsolve-appt/upsolve-appointment

????? Learn More About Cambridge Credit Counseling:
https://www.cambridge-credit.org/

????? Listen to the Financial Wellness Today Podcast:
https://open.spotify.com/show/5TiTZd2SXoE9onL3tikNdR

???? More Debt Relief Advice on YouTube:
https://www.youtube.com/user/CambridgeCredit

???? Considering Bankruptcy? Get Free Help With Your Bankruptcy Filing:
https://link.upsolve.org/4k4dbgA

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? Timestamps:
00:00 Welcome and Introduction
00:20 Meet Gordon Oliver: Debt Management Expert
00:52 Understanding Debt Management Plans
02:51 Gordon’s Journey and Financial Wellness
06:11 How Debt Management Plans Differ from Bankruptcy
08:10 The Counseling Process at Cambridge Credit Counseling
13:59 Benefits of Debt Management Plans
17:26 Is a Debt Management Plan Right for You?
19:04 Understanding the Impact of Debt Management on Credit Scores
19:53 Exploring Bankruptcy and Debt Relief Options
20:22 The Importance of Evaluating All Debt Relief Options
22:06 Cambridge’s Additional Services for Debt Relief
23:37 Incentives and Savings in Debt Management Plans
25:51 Fees and Eligibility for Debt Management Plans
28:37 Educational Resources and Spending Plans
31:00 Final Thoughts and Contact Information

???? Subscribe for more free bankruptcy help & debt relief tips!

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???? Upsolve is the internet’s leading nonprofit source of financial education. Nearly 3 million Americans visit Upsolve.org each year. Our services are 100% free. Here’s how we do it: https://link.upsolve.org/4gNcjKg

Comments

@Upsolve says:

Have you ever considered a Debt Management Plan or Bankruptcy? What’s holding you back from taking the next step?

@Bud88883 says:

IF YOU LISTEN TO THIS SCAMMER YOU WILL BE A LOT FURTHER IN DEBT!!!!????????????

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