If your reading this sentence right now then you have already taken the FIRST step in deciding to become DEBT FREE!

The SECOND step is a more of a proactive role that MUST be taken by YOU. Because the first step is always the hardest, the steps to follow are relatively simple and you will have guidance with each one. You will be required to complete an Enrollment Application. Upon completion you are NOT obligate to enroll. Rather, its purpose is to assist the Credit Counselor assigned in performing a complete Budget Analysis to see if you in fact qualify for our Debt Management Program (DMP).

If you qualify the enrollment process will begin. Your Credit Counselor will have already calculated a new monthly payment amount. The next step is determining a monthly payment due date. Once this date is agreed upon, your payment should arrive into our payment center on or about the same time each month. Upon receipt of your first payment, AFBC will contact each of your creditors. After they have accepted the new payment terms interest rates will be *adjusted accordingly and if accounts are past due, many will "re-age" or bring your accounts current.

Once accepted, your new monthly payment arrangement will remain the same throughout the duration of the program.

While enrolled in the DMP you will continue to receive monthly statements from each individual creditor on the program. You will also be receiving a monthly Trust Report generated from AFBC. DO NOT throw either of these documents away. It is strongly recommended that each client compare OUR Trust Report with the creditor statements to make sure each payment has posted correctly. After thoroughly checking simply file them away.

*Please note some creditors may require consecutive payments prior to any interest rate adjustments.

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