Maybe youve gotten in over your head with your debt. It could be that you struggle paycheck to paycheck, and youre having trouble seeing the light at the end of the tunnel because you cant keep up with even the minimum payments let alone pay anything additional in order to pay off your debt once and for all.
Advantages of Using Credit Counseling Services
When you feel like theres no hope financially, before you go for a bankruptcy you should consider a credit counseling service. There are many advantages of using a credit counseling service over attempting to get out of your financial hardship on your own. Advantages include:
Putting an end to phone calls from creditors looking for money
Reducing interest rates on each of your accounts, sometimes even setting up your accounts with no interest at all!
Putting an end to excessive fees, including over the limit fees and late fees
Feel better because there is a plan of action that will actually make a difference towards paying off your debt.
Questions to Ask Credit Counseling Services Before Joining Program
The first step to getting help from a credit counseling service is to...