Credit cards seem like such an easy way to pay for everything – online, over the phone, and in person. You don’t have to fiddle for cash; all you have to do is swipe or insert the card so the machine can read the chip. In most cases, you don’t even have to sign for […]

There are a number of different areas of credit counseling that might be right for you. It is a question of how much debt you have, and the nature of that debt.Common debts include:* Credit card/store card debt* Mortgage/housing-related debt* Student loan debt Some consumer credit counseling services may offer debt management and/or debt settlement.

Choosing the right credit counseling service could be one of the most important decisions you ever make when it comes to your finances. You should look for a company that puts your financial education and goals first. Even non-profit companies can be all about the money if you are not careful.Not all services are created

A lot of people who get into trouble with credit card debt become tempted by offers of debt management, debt negotiation and debt consolidation. It is important to note that credit counseling and debt management are NOT the same. There are companies that offer both; however, most debt management companies will charge for their services,

There are two main strategies for paying down credit card debt. Using either one can help you go for your goals of freeing yourself from interest payments so you will have more financial freedom. The strategies are:1. Pay the debt with the highest interest rate and highest balance first2. Pay the debt with the highest

What Is Credit Counseling? Credit counseling is a service designed to educate consumers about how to pay off their debts, and stay out of debt. Credit counseling will usually involve the person who needs counseling gathering all their bills and credit card statements together to analyze their situation with the help of a counselor, and

Consumer credit counseling, as the name suggests, offers counseling to consumers in relation to how they use credit. Credit Defined Credit may sound like only credit cards, but the truth is that many people use various different types of credit throughout their lives. They might start with a credit card and student loans. Then they

A lot of people feel embarrassed at the idea of going to a credit counselor. But think of it as a chance to get a mini college course about managing your money. Making Your Family Finances a Priority One famous money management advisor observed that most of us spend more time planning our family vacation