How is LSS Financial Counseling Service Funded?
Our funding comes from charitable and corporate grants, client fees for some services, and contributions from creditors who participate in our Debt Management Plans (DMP). Because creditors have a financial interest in getting paid, most are willing to make a contribution to help fund our service. These contributions are usually calculated as a percentage of payments you make through your DMP. However, your accounts with creditors will always be credited with one hundred percent of the amount you pay through us. We will work also with all your creditors regardless of whether they contribute to our service.
