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How do I know if a creditor accepts the Debt Management Proposal?

April 26, 2017accepts Creditor debt management proposal

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How do I know if a creditor accepts the Debt Management Proposal?

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A. Many creditors will send a letter informing you of the acceptance of a debt management proposal. Another way is to check your credit card statements. Lower interest rates and suspension of late fees indicate the creditors’ acceptance of the debt management proposal. You may also check the status of your accounts on our website (www.consumercredit.com) or call Client Services at (800) 769-3571, ext. 500.