What Does Credit Counseling Offer A Person In Debt?
Many people in the world are currently overwhelmed with bills they’ve accumulated from unsecured debt like credit cards and loans. When bills go awry, it can be difficult for a person to climb his or her way out from under the debt rock. Fortunately, there is a way to recover from credit card debt issues. Free consumer credit counseling services are available, and they can offer a consumer relief such as:
Profile Analysis –
Credit counseling experts can look at a consumer’s financial profile and see where the problem lies. This person can then consult with the credit counselor about his or her strengths and weaknesses handling debt. Such counselors might be able to refer the debtor to a program that can help that person get back on track such as a Debt Management Program. Many credit counseling agencies handle their own Debt Management services.
Smart Credit Guidance –
A credit counselor can help a consumer to start using his or her credit wisely. This person can offer smart tips for keeping credit usage at a minimum and utilizing balance transfer tools to merge unsecured debt accounts.
Recovery Strategies –
One of the most important things that free consumer credit counseling services can teach a person is how to recover. These individuals are trained in money management skills and can share their gifts with consumers so that they learn how to make smart moves with their credit.
Tips for Improving Credit Score –
Part of recovering from debt issues is learning how to get one’s credit score back up to a healthy level. Credit counselors have the skills to help a person do this. They can offer information on disputing negative content on the credit reports and paying down debt in a way that boosts the overall score. They can educate consumers on components such as inquiries, utilization, debt-to-income ratio, available credit, and much more.
Furthermore, some credit counselors can help their clients to develop repayment plans with their creditors that are designed to get the debt paid off. That’s what a Debt Management Program can do. Credit scores rise as debtors make timely payments to the creditors, and the debt amount starts decreasing.
Motivation and Hope –
A good credit counselor also knows how to motivate a client. This person can boost the debtor’s morale and inspire that person to strive for a healthy financial profile. Credit counselors have a heap of information for their clients to read, as well. A consumer can learn just about anything by speaking with a credit counselor and asking for assistance.
There is sometimes a sense of shame felt whenever someone goes to another for help or advice with his or her finances. Anyone needing consumer credit counseling should feel no shame at all as to how they got in this position.
We’re Here to Help –
Our consumer credit counseling services can put an end to those creditor phone calls. After the initial consultation, with your approval, our certified credit counselors can take action by implementing our Debt Management Program and calling creditors to lower interest rates and remove all late fees or over the limit penalties that have accumulated.
Another benefit of our credit counseling services is the fact that we can package all monthly bills into one simple monthly payment that you would send into the agency, making month-to-month bills easier to manage.
Despite your best efforts, even if you are suddenly able to pay bills on time, the damage from one “rough patch” may be insurmountable, reaching a point where very little of your monthly payment is going towards paying off your actual debt. This is why signing up our online credit counseling services could be the proverbial light at the end of the tunnel that has been nowhere in sight since the beginning of your financial woes.
Here are just a few of the benefits of our free consumer credit counseling:
- Online credit counseling program: The consultation, the first step of our online consumer credit counseling service is 100% free with no obligations. Upon reviewing your information, you are contacted by telephone by a certified consumer credit counselor that provides you with a thorough financial analysis and suggested game plan. If it is determined by you and the counselor that you could benefit from our Debt Management Program, there will be a low one-time setup fee and a monthly maintenance fee that varies from state to state and with how many creditors you have.
- Free consumer credit counseling online is available 24 hours a day, 7 days a week. There is no need to stress about scheduling time off from work to meet with a consumer credit counselor during business hours.
- Information submitted to us for the online credit counseling session is strictly confidential and secure. Our online credit counseling system only needs your contact information, budget information (income and expenses), and general credit card debt information. Credit card account numbers and Social Security numbers are NOT required.
Anyone struggling with debt can contact a credit counseling company for assistance. The counselors can help the person get back on track by analyzing the current situation and recommending positive actions.
Turning the corner begins with our free online credit counseling session for anyone wanting to significantly reduce debt and eliminate it all together within 3 to 5 years versus the 10 or 15 or even 20 years, it would take to accomplish alone.