Debt Management Services in dubai, UAE.
Being in debt can be an overwhelming and debilitating experience. But there are smart, proven ways to manage your debt and bring you back in good financial health.
What is debt Management?
A debt management plan is NOT a loan. In a typical program debt management companies work with creditors on your behalf to reduce your monthly payment and interest rates on your debt and waive or reduce any penalties. The parties agree on an affordable payment schedule that allows 3 to 5 years to pay off your debt. A debt management plan is part of a package of Debt Consolidation plans that are designed to help people regain control of their finances while reducing unsecured debts. Unsecured debt is one that is not backed by collateral and includes credit cards, student loans, and medical bills.
When does the debt management plan work best?
- A single, lower payment.
- Fewer phone calls from creditors.
- The ability to finally put debt behind you.
Benefits of A debt management Plan
- At LIDM when you sign up for a debt management plan you have an entire team of LIDM people behind you. You’ll get information and support when you need it. We are here for you at every step of the journey.
- You can call us anytime during business hours to reach a debt counselor if you need advice or to talk to your client’s success team about your account.
- You also have instant access to account information through our online debt management portal.
There are many ways to manage your debt. Find out what our debt management plan gives you!
Some of the banks we work with:
