Ads
related to: how credit counseling works for small business taxes in texas
Search results
Results from the WOW.Com Content Network
Key takeaways. Credit counseling is a way to help those overwhelmed by debt or unable to manage their expenses. In credit counseling, you’ll work with a credit counselor to review your finances ...
If you work with a credit counselor to create a debt management plan, ensure it’s with a non-profit counseling agency. You can consolidate debt through a 0 percent APR credit card or a debt ...
Through a debt management program (DMP), you work with a credit counselor on a roadmap to help you get out of debt sooner. The plan includes budget development to help you better manage your finances.
The National Foundation for Credit Counseling (NFCC), founded in 1951, is the largest and longest-serving nonprofit financial counseling organization in the United States. NFCC member agencies provide access to financial counseling services for consumers.
Credit counseling is most often done by Credit counseling agencies that are empowered by contract to act on behalf of the debtor to negotiate with creditors to resolve debt that is beyond a debtor's ability to pay. Some of the agencies are non-profits that charge at no or non-fee rates, while others can be for-profit and include high fees.
Money Management International was founded in 1997 by six financial consulting organizations that were members of the Consumer Credit Counseling Services (CCCS) network. [ 1 ] Money Management International is a non-profit organization that works to help people effectively manage their finances and increase their financial literacy.
Ads
related to: how credit counseling works for small business taxes in texas