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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
Less impact on your credit score compared to a for-profit debt relief service. Lower cost than for-profit debt relief. More manageable payment schedules. No need to apply for a debt consolidation loan
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 ...
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.
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.
Debt relief companies are for-profit institutions that help you manage and pay down your debts. Depending on the company and what services are offered, they may work with creditors to help you get ...
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