Credit counseling is not very well regulated industry today. In the past, credit counseling but social services and was not developed as a company to achieve an operating profit. The industry was run known by the general name CCCS (Consumer Credit Counseling Service), and (under the general guidelines of the National Foundation for Credit Counseling NFCC).
The design of the> Credit Counseling landscape has changed. As more and more consumers find themselves deeper and deeper into one unsecured debt (think credit cards), more and more profit for credit counseling services have been created. Some of these services are very good and very fair, but be aware that not all of them. Some credit counseling services are good, others bad, and then there are those who are just evil.
1. The debt management service,It should be a member of the BBB (Better Business Bureau). You can use the BBB to verify that the company has a good reputation and whether there are any complaints filed by others. Membership of the NFCC (National Foundation for Credit Counseling) or AICCA (Association of Independent Consumer Credit Counseling Agencies) is also acceptable.
2. If the debt management service promises you that it will take 20 minutes or lessthe solution to all financial problems, you need to run as fast as possible. You are referring to their financial problems and not yours. It takes time and effort, a debt management service to help with your financial problems and get the best deals possible.
3. Make sure that the debt management company with all of your unsecured debts can help not only with a few companies. Half a remedy to this problem is often worse than no fix.
federal direct student loans credit card debt elimination dave ramsey debt
No comments:
Post a Comment