Most employees of these agencies have very little training. The training that they do havfe is from the companies internal training departments.
One can find a credit counseling program online by searching credit counseling program. There are many programs out there, each offering different solutions.
Their are several credit improvement programs available online for free. You dont have to report credit counseling services so it shouln't affect your credit score.
Once you are enrolled in a debt counseling program, using your credit cards is no longer an option. Credit cards are an easy way to mount up your debt situation. One of the principles in debt counseling is not incurring new debts. You cannot use your credit cards when you are undergoing debt counseling. You will also need to cancel your credit card insurance.
http://www.expertlaw.com/library/finance/good_credit_counselor.html a guide can be found here. It is generally thought to be wise to get a local advisor and see them face to face for counseling. Also, depending on your needs, location, and situation, you would need to read a guide. A good credit counseling program is Marketplace From American. You can find a Good Credit Counseling Service at www.kiplinger.com/columns/ask/archive/2006/q0306.htm
There are many reputable credit counseling companies. Some of the most reputable ones include '123 Credit Counselors, Inc', 'Abacus Credit Counseling' and 'Advantage Credit Counseling Service, Inc'.
Getting debt counseling is a good thing and shows your willingness to take care of your debt in a responsible way. If you are undergoing debt counseling, a notation to that effect may be appear on your credit report. This does not affect your credit score but how each creditor views this notation, differs from creditor to creditor. While it may seem unfair, there are some creditors who view debt counseling as a negative to your credit worthiness. In their view, the fact that you are in an unmanageable debt situation is not a good sign, unless you can convince them otherwise. So the reality is debt counseling may hurt your credit, depending on the subjectivity of the creditor.AnswerDebt counseling will never hurt your credit, since it is an educational activity. If you choose to enroll in a debt management program, that does not hurt your credit either. What could hurt your credit is closing any accounts that have substantial available credit. Other than that, your credit generally improves over the life of the debt management program.
There are a number of sites one can visit to get advice on credit counseling. One can find such advice at the 'National Foundation for Credit Counseling' or 'Better Business Bureau' who have a good advice on choosing a credit counseling agent.
Most states do not require you to take a credit counseling course before filing bankruptcy. This is typically a volunteer activity.
There are quite a few large Credit Counseling Companies online. There are several websites with reviews and testimonials about the major Credit Counseling Companies.
The United States Trustee program keeps a list of accredited consumer credit counseling agencies on their websites. Also, the Federal Trade Commission website details information on finding consumer credit counseling agencies nearby.
You do not have to necessarily get credit counseling before you can file for bankruptcy.
I dropped out of consumer credit counseling years ago, and it was not a good experience. The credit cards that I had would not re-open my accounts and my credit report had a negative comment regarding "Consumer Credit Counselors", which is a red flag to any creditor that you needed assistance with maintaining your finances. Also, depending upon who your creditors are they will cancel the arrangements made with consumer credit counselors and go back to the original terms and agreement of your contract, along with any previous balances you had already occurred prior to signing up with a counseling service. My suggestion is if you start counseling, finish counseling.