Consumer Credit Counseling

Consumer Credit Counseling is a program that is designed to help people trying to cope with difficult credit-related issues allow consumers to pay off their debts at reduced rates to help them eliminate their debt quicker. In choosing an agency, you want to look for a company that does not charge a lot for their services and who is willing to give you information up front.

Benefits of working with Consumer Credit Counseling Services

Consumer credit counseling services can tailor confidential programs to meet your specific needs and help you get back on the road to financial freedom.

You may benefit from:

• Reduced payments.
  
• Reduced interest and finance charges.
  
• Reduced creditor calls and waived late and over-limit fees.
  
• They can even help you reestablish credit!

Credit Counseling Agency Checklist

Before you commit to trusting any credit counseling agency there are some things that you should know:

• Is this agency a non-profit organization?
  
• How much will these services cost?
  
• Are agency services confidential?
  
• Will they devise a plan tailored to fit your needs?
  
• Are the counselors certified?
  
• Are budget and credit education opportunities offered?
  
• Will my funds be protected?
  
• Is the agency accredited?

What happens in my session with a consumer credit counselor?

Certified consumer credit counselors will review your financial situation in a non-judgmental manner and provide possible solutions. They will make every attempt to help you develop a spending plan that covers your living expenses and payments to your creditors. Consumer credit counseling is confidential.

How much do these services cost?

It varies depending on the support for each individual agency and on state laws. They usually charge an initial processing fee plus a monthly charge for managing your accounts.

Go to Consumer Credit Counseling Services page to select a program that can help lower your debt.