Remove Credit Counselor Remove Debt Management Remove Education
article thumbnail

You’re in Debt: 9 Terms to Know

The Kaplan Group

If you have always prided yourself on being debt free, or good with money, you might be tempted to simply pull the covers of your head and ignore your current situation. Instead, I suggest you do what you can to educate yourself about your options. FDCPA ( Fair Debt Collection Practices Act). Credit Counselor.

article thumbnail

Does Debt Relief Hurt Your Credit?

Credit Corp

Credit Counseling Immediate credit impact: None expected Long-term credit impact : None expected A credit counselor is a professional adviser who helps you manage and repay your debt. Counselors may offer free or low-cost consultations and educational materials.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Seven Ways to Get Out of Debt in 2022

Better Credit Blog

Credit counselors help create budgets, offer free educational workshops, and develop plans to repay debts. One example of a credit counseling agency is Consolidated Credit Solutions , a non-profit organization that provides financial counseling and debt relief services. But that’s not all they do.

article thumbnail

CFPB Investigating Credit Card Late Fees And Penalties

Collection Industry News

Consolidated credit’s mission is “to assist families throughout the United States to end financial crises and solve money management issues through education and professional counseling.” If you are struggling with credit card debt and late fees incurred with it, a debt management program can help.