Escondido, CA, January 05, 2025 –(PR.com)– Debt Management Plans seem like a practical way to pay off your credit card debt. After all, who doesn’t want lower interest rates? Wouldn’t we all love to have lower payments as well? But what are the success rates of clients completing the plan?
DebtWave Credit Counseling analyzed data on clients that enrolled on their program during a five-year period from 2016 to 2020. Results showed that 68.4% percent successfully completed their debt management plan. During that period, 14,670 people enrolled and 10,038 of them have since paid their debt in full.
“It’s great to see such a high percentage of clients pay off their debt on our program,” said Michael Marsden, Director of…