There are both not - for - profit and for
profit credit counselors that will work out payment arrangements with your creditors through what's called a debt management plan.
There are many non
profit credit counselors and debt management programs available and may be a better choice than debt consolidation loans with bad credit to save you money in interest and lower your monthly payments.
In this case, a better option may be to visit a not - for -
profit credit counselor.
Not exact matches
There are some for -
profit counselors that charge extremely high fees, so you should deal only with non-
profit agencies accredited by
Credit Counselling Canada or the Ontario Association of
Credit Counselling Services.