Whether it is too much credit card debt or falling behind on auto or mortgage payments, many of us face a financial crisis at some time in our life. But who do you turn to for help?
Fortunately credit counseling agencies are available to help consumers through these tough times as well as provide tools and techniques that will help in the future. But, not all credit counseling agencies are created equal. Promises to eliminate all or a portion of your debt or eliminate legitimate credit items should raise a red flag.
Where to Start:
A good place to start is the National Foundation for Credit Counselors or NFCC. NFCC Members represent non-profit accredited agencies with high standards, ethical practices, certified counselors, and policies which help consumers achieve financial stability. Visit www.NFCC.org to find a non-profit member agency near you as well as other tips and resources.