The goal of this episode is to provide an overview of what a Debt Management Plan is, who qualifies for one, and how to break down the stigma that often surrounds debt. Utilizing interviews with four subject matter experts, we will weave together a narrative that answers the following questions:
What is a Debt Management Plan?
How is a DMP different from other types of debt repayment programs?
What are the best kinds of debt for a DMP?
Why is debt so hard for Americans to talk about?
How can individuals and families take control of their debt using an DMP?
This episode will be the last episode of Season 2 of Long Story $hort. Episodes 1-12 focused on the real MMI clients who used a Debt Management Plan to pay off their debt in full and improve their credit scores.