1. How does California Consumer Credit work?

2. What is Debt Management Program (DMP)?

3. What debts are accepted in the program?

4. Will the interest in all my accounts be reduced?

5. What about my monthly payment?

6. What happens to my accounts once I enroll?

7. Can I continue using my credit cards?

8. What happens to my credit when I enroll in the program?

9. What happens if I need to buy a house or a car while I'm enrolled in the Program?

10. What if a creditor won't accept the DMP?

11. How long does it take to pay off my debts?

12. What is the difference of DMP compared to bankruptcy?

13. Does California Consumer Credit actually loan me money?

14. Three (3) is the Magic Number.

15. What is the Roll-up payment plan?

16. What does California Consumer Credit do with my payments?

17. What should I do if I cannot make my monthly payment?

18. What if I do a late payment to California Consumer Credit?

19. Can I send more than my minimum payment?

20. What is the proposed monthly payment?

Frequently Asked Questions