Welcome, visitor! [ Login

Post an Ad

How to use a Credit Counseling Agency

Financial recovery March 2, 2022

Normal
0

false
false
false

EN-US
X-NONE
X-NONE

/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:”Calibri”,”sans-serif”;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:”Times New Roman”;
mso-bidi-theme-font:minor-bidi;}

Using a Credit Counseling Agency

You may choose to contact a credit counseling agency when rebuilding your credit.

A credit counseling agency might be right for you if you:

·       Need help creating a spending plan

·       Have trouble sticking to a spending plan

·       Prefer not to negotiate with your creditors or cannot work out an acceptable repayment plan with them

·       Are unable to keep track of bills

They can help you:

·       Manage your money and debts

·       Develop a spending plan

·       Learn about consumer credit, money and debt management by offering free educational materials and workshops

 

If you decide to use a credit counseling agency when rebuilding your credit, the FTC provides the following tips for choosing a reputable credit counseling agency:

  • Interview several credit counseling agencies before signing a contract.
  • Check with your state attorney general, local consumer protection agency, and the Better Business Bureau to find out if consumers have filed complaints about the agency you are considering. A reputable agency will send you free information about itself and the service it provides without requiring you to provide any details about your situation. If the agency will not do this, find another agency.
  • Ask questions about services, fees, and a repayment plan. These questions are listed in your Participant Guide.

 

For additional information on choosing a reputable financial counselor, visit www.ftc.gov/bcp/edu/pubs/consumer/credit/cre26.shtm.

 

Normal
0

false
false
false

EN-US
X-NONE
X-NONE

Using a Credit Counseling Agency

You may choose to contact a credit counseling agency when rebuilding your credit.

Has anyone worked with a credit counseling agency in the past? Who would like to share their experience?

A credit counseling agency might be right for you if you:

·       Need help creating a spending plan

·       Have trouble sticking to a spending plan

·       Prefer not to negotiate with your creditors or cannot work out an acceptable repayment plan with them

·       Are unable to keep track of bills

They can help you:

·       Manage your money and debts

·       Develop a spending plan

·       Learn about consumer credit, money and debt management by offering free educational materials and workshops

 

If you decide to use a credit counseling agency when rebuilding your credit, the FTC provides the following tips for choosing a reputable credit counseling agency:

  • Interview several credit counseling agencies before signing a contract.
  • Check with your state attorney general, local consumer protection agency, and the Better Business Bureau to find out if consumers have filed complaints about the agency you are considering. A reputable agency will send you free information about itself and the service it provides without requiring you to provide any details about your situation. If the agency will not do this, find another agency.
  • Ask questions about services, fees, and a repayment plan. These questions are listed in your Participant Guide.

 

For additional information on choosing a reputable financial counselor, visit www.ftc.gov/bcp/edu/pubs/consumer/credit/cre26.shtm.

 

What questions do you have about using a credit counseling agency? Before we continue, let us discuss credit repair scams.

/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin:0in;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:”Times New Roman”,”serif”;}

No Tags

670 total views, 1 today

  

  • Debt Collectors -Recovery Services- MA

    by on June 20, 2022 - 0 Comments

    Entity Address Telephone Bonded Collection Corporation 49 Winter Street, Weymouth, MA, 02188 (312) 279-8300 GC Services Limited Partnership  GC Services 5230 Washington Street, West Roxbury, MA, 02132 (405) 621-6414 Western Mass Credit Corp. 70 Post Office Park, Suite 7011, Wilbraham, MA, 01095 (413) 596-9977 United Collection Bureau, Inc. 15 Union Street, Lawrence, MA, 01843 (419) […]

  • Debt Collection FAQs: A Guide for Consumers

    by on June 29, 2022 - 0 Comments

    Debt Collection FAQs: A Guide for Consumers If you’re behind in paying your bills, or a creditor’s records mistakenly make it appear that you are, a debt collector may be contacting you. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits debt collectors from […]

  • Credit Counseling & Auto and Home Loans

    by on July 28, 2022 - 0 Comments

      Credit Counseling   If you aren’t disciplined enough to create a workable budget and stick to it, can’t work out a repayment plan with your creditors, or can’t keep track of mounting bills, consider contacting a credit counseling service. Your creditors may be willing to accept reduced payments if you enter a debt repayment […]

  • Job Scams: Work-at-Home Schemes

    by on June 14, 2022 - 0 Comments

    Work-at-Home Schemes Be part of one of America’s Fastest Growing Industries. Be the Boss! Earn thousands of dollars a month from home! Ads like this are everywhere — from the telephone pole on the corner to your newspaper, email and favorite websites. The jobs might be different, but the message is the same — start […]

  • Credit Counseling Courses and Financial Management Courses : Pennsylvania (PA) USA

    by on July 12, 2022 - 0 Comments

    Financial Management Instructional Courses /Debtor Education Agencies Name,  Website , Courses Offered & Languages Supported  Debtor Education Agencies   address Affinity Federal Credit Union         Website – affinityfcu.org:      Financial Management Instructional Courses (Debtor Education) Delivery Method – Telephone :   Language (other than English) in which the service method is provided, either through a translator, written materials, or […]