Credit counseling agency

[ Bookmark this page! ] [ get HTML Version ]

Debt Consolidation Through Consumer Credit Counseling
Consumer Credit Counseling agencies don't offer loans but restructure a consumer's debt with special channels available only to non-profit consumer credit counseling agencies for debt consolidation. Major creditors usually have hardship programs allowing reduced payments and lower interest for consumers enrolling in the debt consolidation program, closing all or most of their unsecured accounts to... Read credit counseling article



Need for Credit Counseling Services
Do you feel the need for credit counseling services? Are you finding it hard to figure out how to manage your money so your debts are repaid? Are you having trouble making even the minimum payments on credit bills? Then it's time to call in the experts.

It is easy to get overwhelmed by repayments when you are juggling many debts. Thousands of people just like you experience difficulty i... Read credit counseling article



Credit counseling agency
Are you unable to get control over your credit card debt? Then it might be a good idea to in contact a credit counseling agency. A credit counseling agency can advise you in managing your money, offer solutions to your financial problems, develop a personal plan to help you avoid future credit problems and, if needed, develop a debt repayment plan.

Before you use a credit counseling agency you should take steps to make sure it's a reputable credit counseling agency you chose. The Federal Trade Commission advises you to take the following steps check the agency's background and questions to ask the company.

Always interview several credit counseling agencies before you chose one.

Check if customers have complaints with the credit counseling agency with your local consumer protection agency, state Attorney General and the Better Business Bureau. Complaints should raise a warning flag and it might be a good idea to chose credit counseling agency without complaints.

Some specific questions the FTC recommend you to ask a credit counseling agency are:

Do you have educational materials? If so, will you send them to me? Are they free? Can I access them on the Internet? What are your fees? Do I have to pay anything before you can help me? Are there monthly fees? What's the basis for the fees? What are the qualifications of your counselors? Are they accredited or certified? If not, how are they trained? How does your debt repayment plan work? How will I know my creditors have received payments? Is client money put in a separate account from operating funds? Can you get my creditors to lower or eliminate interest and finance charges or waive late fees? A complete list of questions are available at Fiscal Fitness: Chosing a Credit Counselor at the FTC's web site.

You can check out if your credit counselor is a member of one or both of the two national trade associations of credit counsellors.

Association of Independent Consumer Credit Counseling Agencies

The AICCA have a member agency directory which lets you find members agencies. The also publish Best Practises Guidelines. Use the Best Practises Guidelines when evaluating a credit counselor agency.

National Foundation for Credit Counseling (NFCC)

The NFCC's member agencies runs the web site DebtAdvice.org where you can find information about counseling, debt management plans, money management education and homeowner counseling and education.

In addition to the FTC's guidelines the NFCC have their own questions they recommend you to ask a credit counseling agency. They also let you find NFCC members easily with their Member Agency Locator.

Bookmark this page | Search this site | E-mail to a Friend



Non-Profit Credit Counseling Companies

You have seen all the ads of credit counseling companies offering to help you get out of debt and reduce the amount of interest you pay on the debt you owe on your credit cards and so forth so your monthly payments will dramatically decrease. Consider avoiding those companies charging hundreds of dollars in upfront credit counseling fees because you may not even end up getting the help you expected! Diligently look elsewhere for advice and do not be impressed by fancy advertisements. The so-called counselor on the other end of the phone may be nothing more than a salesperson hired to get you to sign up for a costly upfront fee!

Also, too many so-called not-for-profit credit counseling companies may be legally operating as non-profit companies but may only give around 1% of the income they generate to charity! This should be inexcusable! Their charitable contributions is what legally makes them a non-profit company in the first place!

Too many of these companies may be legally set up as non-profit companies but the "for-profit" parent companies managing the "non-profit" companies may be taking the income generated by the non-profit companies and spending it on themselves by funneling it through other for-profit companies and business ventures they own and operate!

Congressional legislators and critics, currently investigating around half of all credit counseling companies known to exist in America, call this shuffling of non-profit income into for-profit companies a sort of "shell-game" in which the object becomes to try and find which "shells" or companies that are getting all the income being generated by the non-profit companies!




Top rated articles for credit counseling

1. Bad Credit History Unsecured Loans
Are you a victim of unavoidable circumstances which compelled you to default on loan repayments and debts begun mounting on you? What is worse for you is that you are labeled as bad credit and loan av... Read credit counseling article

2. How to Fix Credit
Are you overwhelmed with debt, have bad credit, and have been told that you now have You Fix It Credit? That is, credit so bad that the only one who can fix it is you?

In order to fix it yo... Read credit counseling article

3. Improve Your Credit Rating in 5 Simple Ways
A good credit rating is a necessity these days. With good credit, you can enjoy needed items immediately. You can buy items such as cars, houses and other big-ticket items.

Secured Loan
... Read credit counseling article

4. 3 steps to find the right credit counselor
If you might be in a position to file bankruptcy after Oct. 17, or you're interested in credit counseling as an alternative to bankruptcy, you'll want to take the following steps:

Get clea... Read credit counseling article

5. Get Bad Credit Credit Cards To Boost Credit Score
Are you looking for a company that provides bad credit credit cards? If yes, then read this...

Not everyone has a perfect credit score. In fact, only a few have such a luxury. Bad credit ca... Read credit counseling article

6. Credit Repair Counseling Agency or Credit Repair Service
Over one million people file for personal bankruptcy every year. Consumer debt is a huge problem in America today. As a result, many people don't know how they got in debt and don't know where to turn... Read credit counseling article

7. How Credit Counseling Works - A primer
The consumer credit counseling business is a huge industry in America, since the average American is a mere three paychecks away from facing huge, potentially devastating financial difficulty. Each ye... Read credit counseling article

8. Eliminating Bad Credit
Bad credit also known as subprime credit in the mortgage industry, will affect your pocket book in more ways than making it more difficult for you to get a home loan. Not only will you have a higher i... Read credit counseling article

9. Nonprofit Credit Counseling Agencies
Consumers that deal with credit card debt sometimes find it necessary to a get a little outside help. Consumer credit counseling agencies are a great, free resource for consumers needing a little extr... Read credit counseling article

10. Repairing Your Credit Report
Are you confused by what you have read and want straight answers on repairing your credit report? Credit repair isn't difficult but it can be confusing. A credit repair specialist is the best resource... Read credit counseling article


Credit Counseling and Debt consolidation services in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi,



Credit counseling agency
Debt consolidation services in Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania,

Debt consolidation services in Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin and Wyoming.

Add website or submit URL link of your site to 1000 free directory
50 Killeen credit counseling - Texas 49 Edmonds credit counseling - Washington 48 Mount Shasta credit counseling - California 47 Blue Ridge credit counseling - Georgia 46 Bel Air credit counseling - Maryland 45 Gulfport credit counseling - Mississippi 44 Indiana credit counseling - Pennsylvania 43 Mount Pleasant credit counseling - South Carolina 42 Laredo credit counseling - Texas 41 Maitland credit counseling - Florida 40 Augusta credit counseling - Maine 39 Wakefield credit counseling - Massachusetts 38 Exton credit counseling - Pennsylvania 37 Shippensburg credit counseling - Pennsylvania 36 Cranston credit counseling - Rhode Island 35 Fort Smith credit counseling - Arkansas 34 Pacific Palisades credit counseling - California 33 Avon credit counseling - Connecticut 32 Homestead credit counseling - Florida 31 Bedford credit counseling - Massachusetts 30 Belmont credit counseling - Massachusetts 29 Salem credit counseling - New Hampshire 28 Hicksville credit counseling - New York 27 New Paltz credit counseling - New York 26 Millersville credit counseling - Pennsylvania 25 Brattleboro credit counseling - Vermont 24 Leavenworth credit counseling - Washington 23 Coronado credit counseling - California 22 Fair Oaks credit counseling - California 21 San Gabriel credit counseling - California 20 Castle Rock credit counseling - Colorado 19 Orange Park credit counseling - Florida 18 Beachwood credit counseling - Ohio 17 Bensalem credit counseling - Pennsylvania 16 Wayne credit counseling - Pennsylvania 15 Kingwood credit counseling - Texas 14 McAllen credit counseling - Texas 13 Sheboygan credit counseling - Wisconsin 12 Corte Madera credit counseling - California 11 Los Alamitos credit counseling - California 10 Gurnee credit counseling - Illinois 9 Waukegan credit counseling - Illinois 8 Malden credit counseling - Massachusetts 7 Ridgewood credit counseling - New Jersey 6 Somerset credit counseling - New Jersey 5 Lansdale credit counseling - Pennsylvania 4 Allen credit counseling - Texas 3 Temple credit counseling - Texas 2 Citrus Heights credit counseling - California 1 Farmington credit counseling - Connecticut