Managing Debt Doesn't Have To Be Confusing. Dealing with debt is not only frustrating at times but also confusing. There are different options for dealing with your debt and we thought we could break it down for you. -Debt consolidation is borrowing a lump sum of money through a bank, credit union or other agency to pay off several debtor's to combine all your debts into one big debt. -Debt Management is a program where clients can get concessions offered by the creditor, lower interest rate, lower monthly payments, late fees and over the limit fees stopped. Our Debt Management program allows you to you make one payment each month to Consumer Credit Counseling through our relationship with creditors and the National Foundation for Credit Counseling (NFCC). In most cases, creditors are willing to reduce interest rates, and/or waive the over limit and late fees. If you need help managing your debt, call us today at 251-602-0011.