debt management programs and credit score

Debt Manager Program?

I currently have a little less than $8000 in credit card debt. I always pay more than the minimum payment and I have never been late. My credit score is good. I have started to find that after paying my credit cards I don’t have much left and I am worried that it could cause a problem down the road. I am thinking of doing a debt management program to lower the interest rates. Does anybody know what this does to your credit? Can you keep one credit card open (it does not have a balance but I would like to keep in case of an emergency)? Also, any that you recommend?

The best debt management program is yourself with an excel spreadsheet. If you want a some motivation read the book financial freedom from dave ramsey. I read it and changed my life. I’m in the path of financial freedom and I have done it all by myself three years ago I was in debt up to $51K now I only owe a little over $3K.

Good Luck!