By Tim Kowols
Consumers have many opportunities to solve their debt management issues before having to take drastic measures. A simple debt management plan with a licensed consumer credit counselor could help solve some issues before having to pay high interest rates or declare bankruptcy. Gay Pustaver from Money Management Counselors says many people have already taken the initial steps to get out from under their debt, but starting a management plan could help accelerate the process.
Consumers can get out debt in five years if they go through a management plan and stop using the credit cards.