Debt Management Plans

Debt Management Program

The Debt Management Program is designed to pay off your debt in 3-5 years, while helping you develop sound financial literacy.

Enter your current balance below to see how much you can potentially save.

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One single payment, Lower interest rates, Pay off debt faster
  • One Single Payment
  • Lower Interest Rates
  • Pay Off Debt Faster
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Get Started with A Free Debt Counseling Session

Take control of your credit card debt with help from one of the nation’s largest credit counseling agencies. Find sound financial literacy advice from the top experts and get started on your path to independence today. Start your journey now!

Douglas of Saint Ignace, MI via ConsumerAffairs.com

Stars Consumer Affairs

“I was impressed by the kindness and openness of the reps and the fact that they don’t judge me. They’re 100% there to help me. Working with GreenPath has definitely improved my credit score.”

Brenda of Charleston, SC via ConsumerAffairs.com

Stars Consumer Affairs

“The reps were very knowledgeable and knew what they were talking about, and the application process was easy…and the payment plan was great.”

Viviana of Los Angeles, CA via ConsumerAffairs.com

Stars Consumer Affairs

“The process at GreenPath was straightforward. I can give them a call and they can address them and we can work together. They were trustworthy and reliable.”

How It Works

The debt management plan consolidates your debt into a single payment. Each payday, you automatically deposit money into your GreenPath account, and we use that money to pay on your behalf. We may be able to arrange lower interest rates and monthly payments with your creditors, so you can pay off debt faster and save money.

Once creditors agree to the program, collection calls stop and you see your balances start to go down.

Why Choose a Debt Management Plan?

Sometimes, life doesn’t go as planned, but with the help of a debt management plan, you can get back on track and well on your way to planning a better and brighter financial future.

Debt management plans are designed to make your debt manageable while helping you develop sound financial literacy. Through a debt management plan, you will make payments on your original debt, working to improve your credit score in the long run. Consolidate and combine your payments into one, manageable payment to reduce the overwhelming stress of multiple debt payments across credit cards, loans, and more.

WE'VE HELPED MORE THAN 65,000 HOUSEHOLDS PAY OFF OVER $200 MILLION IN DEBT

Lavell

“I had so many questions, so many doubts. He [the counselor] offered some amazing solutions.”

Tammy

“It was freeing to have a plan, especially with such supportive counselors.”

John

“Debt is personal. It’s not just about finances. It’s about overall well-being.”

GreenPath Counselors

Your Client Success Team

Our counselors receive training in compassion and empathy. It’s our job to listen without judgement, and to treat our clients with respect.

When you sign up for a debt management plan, you have an entire team of GreenPath people behind you. You’ll get information and support when you need it. We’re here for you at every step of the journey.

Here for You

You can call us anytime during business hours to reach a debt counselor if you need advice, or to talk to your Client Success Team about your account. You also have instant access to account information through our online debt management portal.

You also have access to a community of others who are paying off their debt in a private online group. This positive community of support is a great place to ask questions, share tips, and get friendly moral support to make your journey easier.

We believe in our clients 1000%, and we love nothing more than seeing you succeed.

Frequently Asked Questions

We work with most creditors throughout the U.S., including banks, credit unions, retailers, medical providers, auto finance and collection agencies.

Debt Management Program set up fees and monthly fees vary based on your state of residence and debt amount. On average, GreenPath clients are charged a one-time enrollment fee of $35 and a $28 monthly fee. This is minimal considering the amount of money our clients typically save in waived late fees, waived over limit fees, and reduced credit card interest charges.

Since the goal of a debt management program is to pay off debt, the credit cards enroll in the program will be closed. Most creditors will usually allow you to continue using one card for emergencies and travel.

GreenPath is a neutral third-party that works in your best interest. Many creditors support our work because they believe it results in positive, long-term outcomes.

GreenPath does not contact the credit bureaus when you enroll in a debt management program. However, because you will be closing lines of credit during the enrollment process, your score may dip. But over time, most people see their scores increase, because they are making payments in-full and on-time each month.

Yes, they are different. Debt management plans are designed to pay off the entire amount you owe in 3 to 5 years. If we can lower your interest rates, the total amount you pay to your credit card company is typically less than if you paid on your own. Debt settlement typically involves requesting credit card companies to forgive a portion of your debt in exchange for a lump sum payment.

Get started with a free debt counseling consultation. Chat with an expert!

When you call, you’ll talk to one of our NFCC-certified credit and debt- counselors. We’ll review your financial situation together, and make a personalized plan to get your finances back on track. We’ll explain the options and give you the information you need to make a choice that works for you.

Greenpath Financial Wellness

GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years of helping people build financial health and resiliency. Our NFCC-certified counselors give you options to manage credit card debt, student loans and homeownership.

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