Interest Rates for Debt Management Programs Debt Management Program interest rates are lower than credit card interest rates and in some cases, they are completely removed. This is one advantage of working with a reputable non-profit credit counseling organization, like the Credit Counselling Society. Creditors will accept your DMP and allow you to make monthly payments to eliminate your debt. If you choose a for-profit credit counselling company, the same scenario may not happen. While they try to help people through debt repayment programs, creditors often don't give them the same benefit of low or no interest rates like they do for non-profit agencies. When looking around for an organization to do a DMP with, it is a good idea to use an interest payment calculator and familiarize yourself with the cost of a DMP. How Much Does a DMP Cost? - Can You Afford a DMP? To cover their costs, non-profit credit counseling organizations usually charge small fees for their Debt Management Programs. For-profit companies typically have higher cost DMPs and charge larger up-front fees for their service. When you're trying to decide which organization to trust with your debt and your money, check them out carefully before you sign onto a repayment program. You can even use a debt management program calculator to get an idea of what your monthly costs will be like and to see when you could potentially complete your DMP. Contact Us for More Info About Debt Management Program Interest Rates or How to Choose the Right DMP Company Debt Management Program interest rates can be low or not exist at all. In order to pay back the least amount of interest, or none, it is a good idea to choose a non-profit credit counselling organization. Once you complete your Debt Management Plan, you will want to stay out of debt for good. We can show you how to manage your money and provide you with information so that you will be on your way to becoming a money saving expert. Managing finances doesn\u2019t have to be a lot of work, there are really only a few key rules you need to follow.