There are two
types of credit counseling agencies, one is a profit - making company and the other is a not for profit organization.
If you're in need of pre-bankruptcy credit counseling or other
types of credit counseling, here are some things to check for when you're choosing a credit counseling agency:
There are two
types of credit counseling — for - profit and non-profit.
There are different
types of Credit Counseling Services.
Not exact matches
Many consumers mistakenly assume that debt management and
credit counseling are the same
type of financial service.
Perhaps this is because some respondents are overlooking certain
types of debt they might have, such as small balance accounts or loans in deferment, said Bruce McClary, vice president
of public relations & external affairs for the National Foundation for
Credit Counseling (NFCC).
Typing the phrase debt consolidation into a search engine can turn up thousands
of results, including pages designed by scammers to look just like those
of legitimate
credit counseling agencies.
If you have not yet decided whether to file for bankruptcy to eliminate
credit card debt or other
types of debt, contact GreenPath for a free debt
counseling session.
While I suspect the numbers Cambridge
Credit Counseling has disclosed are be similar to those of other reputable national counseling agencies, it is critical that regulators, policymakers and consumers have access to this typ
Counseling has disclosed are be similar to those
of other reputable national
counseling agencies, it is critical that regulators, policymakers and consumers have access to this typ
counseling agencies, it is critical that regulators, policymakers and consumers have access to this
type of data.
Any individual person (not a corporation or partnership) is eligible for Chapter 13 relief as long as the amount
of their debts does not go above $ 307, 675 for unsecured debts (those with no collateral) and $ 922, 975 for secured debt and they are earning wages that cover more than their reasonable living expenses.The person must also have received
credit counselling from an approved agency within the 180 days prior to filing and had not been dismissed from another
type of bankruptcy filing in this time period.
Credit counseling agencies help people get out of various types of consumer debt, such as credit card or auto
Credit counseling agencies help people get out
of various
types of consumer debt, such as
credit card or auto
credit card or auto debt.
GreenPath Consumer
Credit Counseling has put an article directory
of information to help you learn all
of the different
types of loans.
One
of America's leading non-profit debt consolidation companies, American Consumer
Credit Counseling (ACCC) provides credit consulting services and debt management solutions to consumers who are struggling with credit card bills and other types of unsecured
Credit Counseling (ACCC) provides
credit consulting services and debt management solutions to consumers who are struggling with credit card bills and other types of unsecured
credit consulting services and debt management solutions to consumers who are struggling with
credit card bills and other types of unsecured
credit card bills and other
types of unsecured debt.
*** Not all clients are able to complete a debt settlement, debt dismissal, debt consolidation, student loan relief, consumer
credit counseling or a debt validation program — for various reasons, including their ability to save sufficient funds and afford the payment for the duration
of any
type of program.
Any
type of service you use —
credit counselling, bankruptcy, debt settlement, or debt consolidation — can have a negative effect on your
credit.
With consumer
credit counseling a mark will be reported on your
credit illustrating to future lenders that you need this
type of program to manage your accounts, some banks look down upon this mark while other lenders don't mind it.
A consumer
credit counseling (CCC) mark goes on your
credit (often creditors look down upon this
type of mark on your
credit report)
This
type of negotiation is often a first step before you seek options for debt relief, like debt consolidation or
credit counseling.
Before signing up for
credit counseling, determine what
type of services you need and ask questions to determine which organization's approach fits best with your situation.
A consumer
credit counseling program is specifically for unsecured
credit card debt, no other
types of unsecured debts qualify.
In addition to financial advisors, other
types of credit service companies have surfaced offering
credit repair services,
credit -
counseling services, and debt management or debt repayment plans.
Or get help from an accredited
credit counseling agency, which offer all
types of money management help, either for free or for a nominal fee.