Debt Management

Debt Management

It is confusing and frightening to face collection calls and notices alone. The Financial Wellness Center counselors understand the frustration of not seeing your debt balance go down because all your money is going to interest and fees. It's a lot to deal with, but you don't have to do it alone.

When you participate in our Debt Management program, we negotiate a repayment plan with your creditors that fits your budget. Then, instead of you making payments to each of your creditors, you make one payment to Horizons Financial Wellness Center and we disburse the money for you. Our Debt Management programs are voluntary programs that serve the dual role of helping you repay your debts and helping creditors receive the money owed to them.

We are licensed by the Iowa Division of Banking. Do not risk your money and credit rating by enrolling with an agency that is not licensed to do debt management in the state.

Be very careful – don’t confuse debt management with debt settlement. Debt settlement can be expensive, may harm your credit, and may have tax implications.