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Nonprofit debt consolidation and for-profit debt consolidation have several important differences. The financial objectives of the companies Nonprofit credit counseling agencies are not focused on ...
Nonprofit debt consolidation may not even be available to everyone. Though it may seem like a cruel reality, approval for debt consolidation programs relies on the same range of factors credit ...
Debt settlement is a process that lets you settle large amounts of debt for less than you owe, and it is offered through for-profit debt settlement companies. Typically, these programs ask you to ...
Consolidation Counseling Debt Management Plan. A second approach is to work with a nonprofit consumer credit counseling agency, like those that belong to the FCAA, through a debt management plan.
Many states prohibit for-profit debt management services while permitting nonprofit debt counseling services. One of the continuing controversies is whether for profit services should be allowed even if regulated. However, federal bankruptcy reform effective in 2005 has changed the perspective on such services.
Here are some alternative debt relief options. Nonprofit credit counseling. Nonprofit credit counseling agencies, ... Start by checking online reviews, consumer advocacy websites and other ...
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