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Do I have to pay penalty for leaving DMP midway?

Date: Mon, 02/05/2018 21:39

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The debt management company has helped me to pay off 2 credit cards. Only one credit card is left. Can I leave the program and work out a repayment plan midway? Do I have to pay anything for that?

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Total Replies: 6

Why do you want to leave the debt management plan midway when there is only one credit card left?

Yes, you can leave the program midway but you may not get any refund for the payments you have made to the debt management plan.

Sub: #1 posted on Tue, 02/06/2018 - 21:26

SC
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(Posts: 3937 | Credits: )

Don't do that. Keep patience and pay off the last credit card debt with their help.

Sub: #2 posted on Wed, 02/07/2018 - 05:23

Sanders Patricia

(Posts: 1239 | Credits: )

If you want to, talk o the debt management company. Are you sure you'll be able to repay the debt yourself? First analyze your finances and be sure before quitting.

Sub: #3 posted on Fri, 02/09/2018 - 04:35

Mabelle Page

(Posts: 295 | Credits: )

Don't be so restless, don't walk out from the program dude. If you do, your debts will remain the same and you'll also not get any refund.

Sub: #4 posted on Sun, 02/11/2018 - 22:10

Barbara Delinsky

(Posts: 434 | Credits: )

Ya quit it... If you feel you can clean it yourself.
But later don't regret, why you can't pay off that debt!

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Sub: #6 posted on Tue, 02/13/2018 - 12:05

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(Posts: 6 | Credits: )