Questions about American Debt Management Service
Contributed by Stephanie Litaker
Let American Debt Management Service help you when you need it most
If you're like millions of Americans you probably face debts that you're unsure of how you're going to repay, and that's where American Debt Management Service comes in. You may have heard of them, but you may not know everything there is to know about what they offer the customers. Here are some facts about who they are and what they do that just may make your life a little easier.
Does American Debt Management Service cost me anything?
When you decide you want to take advantage of the services that American Debt Management Service provides, you will have to pay a small application fee of $39, and a monthly service fee of $3. However, if you are a full-time student, a veteran, or a senior citizen, you will not be responsible for these charges.
You will discuss your situation with a credit counselor from American Debt Management service, and they will provide you with a cost of living report free of charge. This report will help you look at your current budget, and will also help you determine what the best options are for you.
Do the programs from American Debt Management Service cover all of my debts, or only some?
The programs offered by American Debt Management Service only work with unsecured debts. What's that? Unsecured debts are those generated by credit cards, some loans, credit cards from department stores, hospital bills and other bills along those lines. Secured debts are not covered as part of the program.
