A credit counseling agency's mission is to help its customers take control of their personal finances, no matter what stage they are in the process.
They can give free or low-cost debt management advice on a host of money-related topics, such as buying a home, teaching your children about budgeting and credit cards, and saving for college.
If you are juggling multiple credit card bills, you may benefit from the convenience of having one consolidated monthly payment.
Consider all of the bills that the modern household pays (mortgage/rent, utilities, cell phone, cable, internet, etc.).
While it’s not as drastic as debt settlement or debt management, debt consolidation has its own pitfalls that you need to be aware of.
If you need help educating yourself on your debt consolidation options, you can start with the section titled “What is Debt Consolidation?
Then, based on the results, we will present money-management options to help you achieve your goals.
With this plan, we show you how to consolidate your debt into a single monthly payment. Department of Justice to provide pre-bankruptcy credit counseling.Consumers can use debt consolidation as a tool to deal with student loan debt, credit card debt and other types of debt.There are several ways consumers can lump debts into a single payment.Consolidated credit companies are another name for credit counseling agencies.They advise consumers on budgeting and discuss options available for eliminating debt.