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With so many debt relief options available, it can be difficult to choose the best option. However, before being sucked in by promises of reducing or consolidating your debt, you may want to consider credit counseling.
Credit counselors help consumers create a budget and work with their creditors to reduce interest rates and figure out a more affordable payment plan. Unlike other debt relief options, credit counseling will not hurt your credit score. If you plan to purchase a home, car, or take out a loan in the near future, counseling may be the best option to help you manage your finances.
What else can I help you with?
What is a credit counseling agency that can help me with finances?
Credit counseling can be found at many government agencies. Locally, your personal banker may be able to direct you to a reputable credit counselor or coach.
What type of counseling class will help me manage my finances better?
There are quite a few financial counseling services available. Money management and credit counseling are a good place to get basic money management tools.
Credit Counseling?
form_title=Receive Credit Counseling form_header=Professionals can help you regain control of your finances. What is your total amount of debt?=_ How many credit cards do you own?=_ Are you currently employed?= () Yes () No What kind of debt do you have?= [] Credit Card [] Auto Loan [] College Loan [] Mortage [] Other
Where can I find good credit advice online?
Familycredit.org offers free debt and credit counseling so that you can regain control of your finances. Consumercredit.org is a non profit organization designed so that you can get out of debt and rebuild your credit at no charge.
Where can I go to get financial advice?
You can go to a financial advisor, a bank, a credit union, or a non-profit organization that offers financial counseling for advice on managing your finances.
What will happen if you drop out of a consumer credit counseling program?
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.
What are some reputable credit counseling companies?
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'.
Where do you get a loan with bad credit?
Before you go into the frying pan into the fire, take a look at your situation. How are you planning to pay for the loan?? Is it for a want or a need? Visit a reputable non profit credit counseling company to get your finances in order. The truth is that you will pay less for your loan if you can get your finances and credit in shape. Definitely do not get someone to co-sign if you are not sure that you will follow through and make your payments.
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.
Who has the best online credit counseling?
There are quite a few large Credit Counseling Companies online. There are several websites with reviews and testimonials about the major Credit Counseling Companies.
What is the purpose of CCCS?
CCCS (Consumer Credit Counseling Service) provides financial education, budgeting assistance, debt management plans, and credit counseling to help individuals manage their finances more effectively and reduce their debt burden. Their aim is to empower individuals to make informed financial decisions and improve their financial well-being.
Do you have to get credit counseling before you can file for bankruptcy?
You do not have to necessarily get credit counseling before you can file for bankruptcy.
