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Why should a person use the help of Consumer Credit Counseling Service CCCS?
Wiki User
∙ 10y ago
A person should use the help of Consumer Credit Counseling Service (CCCS) when trying to manage debt. You can find services such as debt consolidation, credit counseling and more at the Consumer Credit website.
Wiki User
∙ 10y ago
deb tred
CCCS agents can help you learn how to rebuild and reestablish your credit by first reviewing your spending and income and helping you to create a budget that fits your goals. Then, if appropriate, they can help you create a debt management plan (DMP) to tackle your unsecured credit card debts debtredemption.
deb tred
CCCS agents can help you learn how to rebuild and reestablish your credit by first reviewing your spending and income and helping you to create a budget that fits your goals. Then, if appropriate, they can help you create a debt management plan (DMP) to tackle your unsecured credit card debts debtredemption.
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What is the purpose of credit counseling?
The purpose of credit counseling is to let a person know ways to reduce their debt. They also counsel people in ways to stay out of debt. A person might need credit counseling if they are about to file for bankruptcy.
Where can a person get advice on credit counseling?
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.
Where can a person find information on how to apply for adverse credit loans?
Information on how to apply for adverse credit loans can be obtained by either speaking with a credit counseling service or with a loan manager at a local bank. These agencies will be able to answer any questions that a person may have on how to apply for these types of loans.
Where can one find a credit expert for financial help?
A credit counseling expert is the person to talk to. Banks, loan companies, and other financial institutions can help find a credit manager or credit counseling, and they can give advice on how to best go about repairing bad credit.
What are consumer credit checks used for?
Consumer credit checks are used when a person is applying for a product in store. These usually consist of low level credit checks to ensure a person is eligible for their product, and weekly or monthly payments.
Where to go for bad credit counseling advice?
are experts in the credit repair field and helps individuals meet their credit goals. process has been been developed, refined and proven over many years and thousands of customers .com/deals/creditrepair/othmanbouarsa
What is the purpose of credit counseling?
The purpose of credit counseling is to let a person know ways to reduce their debt. They also counsel people in ways to stay out of debt. A person might need credit counseling if they are about to file for bankruptcy.
Where can a person get advice on credit counseling?
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.
What companies offer credit counseling and debt consolidation services?
Founded in 1951, the National Foundation for Credit Counseling (NFCC) continues to grow and provide free credit counseling. NFCC is a non profit organisation that provides free or low cost individualized, confidential counsil crediting in person, by phone or by email
The Advantages of Consumer Credit Counseling?
Consumer credit counseling helps consumers to sort out their financial problems and build a brighter future. One of the greatest advantages to this counseling is that, unlike companies that push one service, such as debt consolidation, consumer credit counselors will go over each consumer's individual financial situation and offer the best possible solutions. Consumers can get this counseling either for free or for a nominal fee. The counselors will work with your creditors and you can be assured that your financial picture will get better as you diligently work to pay your debts and rebuild your credit. Best of all, you will not be charged high fees for these services, which is often the case with companies that promise they can help you to get out of debt fast. Suppose you are convinced that filing bankruptcy is the only answer to your financial situation. Consumer credit counselors will go over your situation with you, explain the pros and cons of bankruptcy, as well as the advantages and disadvantages of other solutions. The final decision is up to you, but you will be well-informed as to how to proceed. Counseling sessions can take place in person, over the phone, online, or through the mail, depending on where you live and depending on your preferences for counseling. Another great advantage of credit counseling services is that you will receive a significant education about how credit works, the debt collection process, and what your rights and responsibilities are. In addition, certified counselors can help you to build a workable budget and plan for the future. Consumers who choose a particular debt relief solution without the benefit of credit counseling may regret it later simply because they may not be aware of all of their options. Sometimes, individuals get tired of collection calls and they will agree to the first solution that is presented to them. However, this may not be the best way to solve your financial problems. In order to get a clear picture of all of your options, it is advisable to get consumer credit counseling so that you can make an informed decision.
Where can a person find information on how to apply for adverse credit loans?
Information on how to apply for adverse credit loans can be obtained by either speaking with a credit counseling service or with a loan manager at a local bank. These agencies will be able to answer any questions that a person may have on how to apply for these types of loans.
Does credit counseling damage your credit for a long period of time?
Less than if you stay in a default or bankruptcy situation. Credit counseling teaches debtors how to effectively manage their debt. I've only personally seen credit counseling improve a person's credit. Financial education is key to moving forward.
Where can one find a credit expert for financial help?
A credit counseling expert is the person to talk to. Banks, loan companies, and other financial institutions can help find a credit manager or credit counseling, and they can give advice on how to best go about repairing bad credit.
A person who receives a good or service is called?
The person who receives goods or services is a consumer.
What are consumer credit checks used for?
Consumer credit checks are used when a person is applying for a product in store. These usually consist of low level credit checks to ensure a person is eligible for their product, and weekly or monthly payments.
Where is it possible to get a consumer credit report?
It is possible to get a consumer credit report at the Federal Trade Commission. The credit reports are free and a person can ask a free copy of the credit reports once every 12 months.
What kind of credit is extended when a person uses a credit card?
The type of credit that is extended when a person uses a credit card is revolving credit. Revolving credit allows the consumer to carry a balance and pay a minimum monthly.
