I am going to try and get pre-qualified to buy a home. I enrolled in a debt management program 2 1/2 years ago. I had about $24,000 in cc debt. Now I have about $6000 left in the dmp. I wanted to know if I should pay off the last $6000 or add that money to my down payment and continue with the monthly payment of $644 until it is paid later this year. I feel like paying it off would be the optimal solution but I just want to be sure its worth it. Any help would be great. I should have looked into the dmp before I got into it because I reallly didn't need the program since none of my payments were late.
Just going to go by what "I" would do. I'd pay off the DMP.
I second that motion. Pay of the dmp FIRST. It will look a lot better on your behalf. Plus, you won't need to worry about becoming late or a default.