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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 ...
Operating as a 501(c)(3) nonprofit since 1994, Consolidated Credit Solutions has helped over 10 million people get out of debt. The agency offers a wide range of options for managing debt and ...
Credit counseling comes in the form of both for- and nonprofit agencies. If possible, avoid turning to a for-profit credit counseling company first, as these are basically another form of debt ...
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.
If you're carrying a large amount of debt spread out across several credit cards and other loans, you're not alone. Most Americans carry some credit card debt, and the amount of debt the average...
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.
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