Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
Re: 2010 Credit Card Goals

Want2BDebtFreeNow wrote:

marty56 wrote:
A DMP program will reduce or even eliminate your interest rates and save you money and get you out of debt faster.
I have both Quicken and MS Money. The only problem is that they don't take into consideration when you have multiple aprs within one credit card. I am going to take care of those balances first (in feb) and then follow the plan based on APR.

Not that kind of program. A Debt Management Program. (And not a Debt Settlement Program!)


Most of my CC's already have the new payment application provisions in place. Make sure you understand the T&C's for your accounts and avoid making minimum payments while carrying a large debt load. Your issuers are paying attention to what you're doing!