Consumer_Credit_Counseling by zhucezhao

VIEWS: 6 PAGES: 2

									Consumer Credit Counseling

Word Count:
463

Summary:
Consumer credit counseling is a big service field in the United States.
It is a common problem for many persons in the United States to face a
potential credit card debt. To show these persons the right way to act
these credit card counseling services are in the scenario.

Every year, more than one million persons in the United States visit
credit counselors or credit counseling agencies. They want help to get
rid of their credit card debts and regain financial control. But...


Keywords:
consumer credit counseling,consumer credit counseling service,free
consumer credit counseling


Article Body:
Consumer credit counseling is a big service field in the United States.
It is a common problem for many persons in the United States to face a
potential credit card debt. To show these persons the right way to act
these credit card counseling services are in the scenario.

Every year, more than one million persons in the United States visit
credit counselors or credit counseling agencies. They want help to get
rid of their credit card debts and regain financial control. But still
consumer credit counseling services is a mystery to many; they do not
know their working processes and the services which you should get from
them when you hire them.

First and foremost thing that you should know is that consumer credit
counseling services do not work for you. They work for the lenders. This
means that they might have a relationship that will influence their
advice. They will suggest loans from a specific lender as they probably
get a commission from it.

Here we give you some hints about the working method of consumer credit
counseling.

Suppose you visit a consumer credit counseling to get rid of your
problem. They will convince the lender to decrease your interest rate-
and yes, of course this is good. But the bad news is that you are still
paying 90% of monthly payment to combat with credit card interest.

Here are some questions you should ask to your consumer credit counseling
service agency.

* The first question you should ask is a money matter, meaning - how much
will they charge you for their service. Many consumer credit counseling
services even charge more than $100, which will not go to any of your
creditors. So be aware and ask your first question about their fees.

* Confirm that the consumer credit service you are to join is registered
with a financial institution or not. Most of them don’t have any
qualification to work with credit problems.

* Enquire about the services offered at your consumer credit counseling
agency. Avoid companies which offer you a quick solution to your credit
problems.

* Before joining any consumer credit counseling service, read
testimonials and reviews of agencies previous or current clients. This
step will surely help you to choose the right consumer credit counseling
agency. Most of the consumer credit counseling agencies have their
official website, where you can find testimonials. If any friend of yours
faced any financial problem and ever visited any consumer credit
counseling service, don’t hesitate to ask them. As they are experienced,
they will help and guide you the right way.

* Be sure that the agency you are going to is registered as BBB, Better
Business Bureau, which is a quality sign.

With diligence, patience, time and proper credit counseling you can
become debt free.

								
To top