Debt consolidating agencies

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Even without a DMP, credit counseling clients benefit from a free, confidential session that provides them with a workable budget and expert advice on managing personal finances and reducing debt over time.

Then, we'll set you on a path to improving your credit and debt management skills so you can live a financially When you decide to schedule a session, you’ll have a one-on-one conversation with an NFCC Certified Credit Counselor.

When you sign up for this type of loan, you may never actually receive any money because the company will tell you the loan amount will cover its services or programs.

Instead, you make regular payments to the company to repay the loan.

A debt settlement company may offer to handle all communications with your creditors.

The NFCC began offering nonprofit credit counseling as a new service for those obtaining their first credit card.

Before you sign, make sure the debt settlement company agrees to inform you of payments they will be making to your creditors when they have power of attorney.

This ensures you can confirm that your payments are being received.

Consequently, credit counseling agencies can reach a wider geographical area.

CCCS agencies may be a member of the NFCC or the FCAA but aren’t required to operate under either organization.

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