Consumer Credit Counseling Services

Debt can get out of control quickly which is why there is an ever growing need for consumer credit counseling services.  These businesses specialize in helping people who are in debt over their heads and need help getting out of debt and back into financial stability.  They are experts in helping people get out debt and get back on their feet.

How do you know if you need to find a consumer credit counseling service?  Ask yourself these questions:

- Am I having trouble paying my bills each month?

- Am I constantly living paycheck to paycheck with nothing left over after my bills are paid?

- Do I get phone calls from debt collection agencies on a regular basis?

- Do I avoid answering those phone calls because I can’t pay the bills?

- Have I been unable to get credit for a car or home?

If you can answer “Yes” to any three of these questions, you probably should be seeking out the help of a consumer credit counseling service.  All of the above questions are indicators that you might be in debt way over your head and you probably won’t be able to get out of trouble by yourself.

There are so many consumer credit counseling services that it might be overwhelming trying to find one that will meet your needs.  Here are some things you must demand from a consumer credit counseling service:

- Everything should be provided to you in writing as to services they will be providing you

- Your fee should be a percentage of the amount of money they save you when negotiating with your creditors – not a flat fee.

- You should be advised of your rights as a consumer and what you can expect from them

- Their debt re-payment plan should be tailored to your personal needs – not a “cookie cutter” approach that can be used by almost anyone

- You should have the right to cease doing business with them if you are not happy with their services

Consumer credit counseling services can be great help when it comes to getting out of debt and staying out of debt.  They will be able to help you devise not only a repayment plan for your creditors, but they will also be able to give you tools that will help keep you out of debt in the future as well.
