DMP

Definition : Debt Management Plan
Category : Business » Finance
Country/Region : Worldwide Worldwide
Popularity :
Type :
Initialism

What does DMP mean?

Debt Management Plan (DMP) is a debt repayment plan designed to help individuals with unsecured debt pay off their creditors.
DMP is an agreement between a borrower and their creditors, often negotiated with the assistance of a credit counseling agency, to repay outstanding debts at a rate the borrower can realistically afford.

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