Financial counseling services from credit counseling organizations can help you manage your debt. They offer budgeting classes and workshops, and have access to resources that can help you navigate the financial system around you. There are two types of credit counseling organizations: nonprofit, or for-profit. Nonprofit credit counselors usually find you free credit counseling. For-profit credit counselors offer fee-based assistance in addition to free services. In addition to the financial help you receive, many for-profit credit counseling programs provide life coaching. They may even provide other services including budgeting and debt management assistance, or information on debt collection services

How do I choose which credit counselor is right for me?

You might have heard of credit counseling before, but what is it, exactly? Through credit counseling, you can get help with the debt you owe and work on building your credit. The goal with debt management is to stop the cycle of borrowing from creditors, pay down your debts as fast as possible and build up your credit score. Once you start to rebuild your credit score, you will begin to see it better reflected on your reports as well as in other places such as loan offerings.

What services do you offer?

It’s important to find a credit counseling agency that offers services specific to your circumstances. For example, look for an organization that focuses on budget counseling and classes for managing spending and debt. Avoid organizations that push a debt management plan as your only option before they have spent a significant amount of time analyzing your financial situation.

How is credit counseling offered?

Our credit counseling services are designed to help you understand the nature of your debt and how it affects your finances. We work with you over the phone, by email, or in person to devise a plan that reduces your debts and improves your overall financial situation.

Do you offer free educational materials?

Avoid organizations that charge for information. These charges can result in additional fees, which can be a big problem if you run into money troubles.