# Nonprofit Debt Management Plans Can Cut Card Rates to Single Digits – No Loan Needed

- Source: Money Crashers
- Published: 2026-10-21T23:05:00+00:00
- Category: Markets
- Original: https://www.moneycrashers.com/nonprofit-debt-management-plan/
- Canonical: https://groundlevelnews.com/story/nonprofit-debt-management-plans-can-cut-card-rates-to-single-digits-no-88e05c/

If card rates above 20% keep your balances from shrinking, ask a nonprofit credit counseling agency about a debt management plan. The agency asks your card issuers to lower those rates, often to single digits, and you pay off the cards with one monthly payment instead of a new loan. Source

_Ground Level News shows a short summary only; the full article and all rights belong to Money Crashers._