If you prefer to work with a professional, opt
for nonprofit credit counselors.
Not exact matches
National Foundation
for Consumer
Credit A national nonprofit agency whose members are cerfified, professional credit couns
Credit A national
nonprofit agency whose members are cerfified, professional
credit couns
credit counselors.
For many years debt relief plan providers, such as
nonprofit credit counselors, and debt settlement service providers, have been seen as two separate and distinct structures in the debt relief services industry.
Organizations that are
nonprofit, like National Association
for Debt Education & Assistance, are required to employ certified financial
counselors who are trained in consumer
credit, money and debt management and budgeting.
The Federal Trade Commission (FTC) says that most reputable
credit counselors work
for nonprofit firms.
If you can afford one of the less extreme options associated with debt consolidation, the Federal Trade Commission recommends you use a
credit counselor with a legitimate nonprofit organization accredited by the National Foundation for Credit Counseling (
credit counselor with a legitimate
nonprofit organization accredited by the National Foundation
for Credit Counseling (
Credit Counseling (NFCC).
Credit counselors at
nonprofit agencies typically offer one of three fixes
for the problem: debt management plan, debt settlement or, if the situation has escalated beyond repair, bankruptcy.
Most consumer
credit counselors work
for financial institutions such as banks and
credit unions as well as
nonprofit credit counseling services.