Credit and Debt Counseling Provides Peace of Mind

Jul 23

Debt comes in many forms. Sometimes, good people find themselves overwhelmed with both their monthly household bills and their credit card debt. They try to shift money between bills every month, but eventually, everything falls behind. Credit and debt counseling helps people reduce and eliminate their debt and teaches them how to manage their finances, so they can avoid being overwhelmed in the future.

Debt Consolidation

A debt consolidation service helps the client consolidate all their unsecured debts into one convenient monthly payment. The debt consolidator will negotiate with creditors to reduce interest rates and payments and, when possible, waive late fees. Then, the client sends the monthly payment to the debt consolidator who distributes the payment to all their creditors. Working through a debt consolidation program can save debtors thousands of dollars, and debt can be paid off in a matter of a few years.

Credit Counseling

Getting out of debt is the first step; learning how to manage your credit is the second. Credit Guard credit counseling services provide clients with financial management advice related to money management, credit management and other money matters to help them with their future budgeting. Without credit counseling, some debtors quickly find themselves with the same overwhelming debt they just cleared up.

Services

Credit and debt counseling services include:

  • A free, no-obligation consultation
  • Professional proposal to creditors with reduced payments and interest arrangements
  • One monthly payment
  • Experienced credit counseling
  • Emotional and financial relief

Peace of Mind

The best part about credit and debt counseling is the peace of mind. When payment arrangements are in place, creditors will call the debt consolidator instead of the debtor. Clients will experience reduced stress at having to make only one payment to one company, instead of trying to keep track of multiple payments to different addresses. Knowing that the debt will be paid off in less time than it would be if only the minimum monthly payment was made contributes to that peace of mind.

Who Qualifies?

Anyone with debt problems who wants to eliminate their debt and learn how to avoid debt problems in the future can receive credit counseling services. Credit and debt counseling primarily helps people with unsecured debt, such as credit card debt, collection accounts, medical bills and certain student loans. However, credit counselors are also able to help people manage secured debt like mortgages and auto loans. There is no maximum income level requirement to receive credit counseling services since the payments being made reflect what the client can pay.

If you are looking for help managing your overwhelming debt or want to avoid having financial issues in the future, contact a credit and debt counseling service. They can help you reduce or eliminate your debt and provide you with the tools to avoid overwhelming debt in the future.

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