Choosing a Credit Counseling Company

If you have considered credit counseling as an option to your financial problems, then you are probably wondering how to choose from one of the many credit counseling companies that are popping up left and right these days. There really is not an easy answer to this dilemma but there are some things that you can look for in a credit counseling company that might make the decision a little easier.

One factor to consider is whether it's going to cost you anything to pursue credit counseling. If you are having financial difficulties in the first place, then chances are that you don't really have the expendable cash to pay for the credit counseling you so desperately need. In this instance, rest assured that there are reputable, non-profit, credit counseling companies that will assist you for free. On the other hand, if you are of the philosophy that you get what you pay for, then you may want to consider a fee based credit counseling company.

Your best bet, when deciding which credit counseling company to turn to in your time of need, is to find one that will provide you with a custom fit. Every situation, requiring credit counseling, is unique. If you are subjected to a cookie cutter financial plan when your personal situation is much more complex than the average consumer, you may come up short and rule out credit counseling as an option.

Most importantly, you don't want to end up in the same boat you are in now, after you have gone through credit counseling. You want to make sure that the credit counseling company that you choose is going to offer you educational services. It isn't going to do you any good to get out of debt if the credit counseling doesn't teach you how to manage your money so that you don't come knocking on debt's door again.

Timothy Gorman is a successful webmaster and publisher of Debt-Relief-Solutions.com. He provides more debt relief, bankruptcy and free credit counseling information that you can research in your pajamas on his website.

---

Legislators Ponder New Credit Protection Laws

Legislators in Washington, D.C. are considering several credit-related consumer protections as outlined in The Fair and Accurate Credit Transaction Act of 2003 (H.R. 2622). If approved, consumers... Read More

Avoiding Credit Card Traps

The next time you open your credit card statement, take a closer look at the small insert titled "changes to your credit card agreement". You know the... Read More

Do You Know Whats On Your Credit Report ?

It is important to know your credit rating for a number of reasons. Believe it or not there may be errors in your credit report, and it... Read More

Good Credit Is Not A Good Reason To Borrow More Money After Youve Achieved Financial Freedom

The most important thing for you to remember is that the only way you'll ever be able to achieve financial freedom is if you are able to... Read More

Big Brother Knows Whats in Your Credit Report - How About You?

Whether you are aware of it or not, credit bureaus have been keeping tabs on you and how you use credit. When it's time for you to... Read More

Tackling Bad Credit

The first time I heard the term credit history was when I approached a lender for a secured loan. Being a first timer I was completely ignorant... Read More

Manage Your Credit Wisely

Getting your first credit card is a big deal and all young people look forward to it with bated breath. We wait for years to be able... Read More

Learn About Prepaid Credit Card

Prepaid credit cards also called stored value card can be ideal for individuals who are unemployed, have bad credit or difficulty obtaining an unsecured credit card. Prepaid... Read More

Your Credit Score

Credit scores: all lenders use credit scores to determine interest rates and credit limits.The credit scoring system was developed in the early 1950's. However, it was not... Read More

Credit Card Dirty Tricks

There are many of us that have been badly stung by credit card companies that have charged exorbitant fees to use their credit cards. Several years ago... Read More

The FICO Score Misconceptions

There are many misconceptions about credit scores out there. There are borrowers who believe that they don't have a credit score. There are others who think that... Read More

Credit Card Tips

Here are some useful credit card tips for you to consider before applying for a credit card. Before applying for a credit card, you should decide why... Read More

Are 0% Credit Cards Reaching Their End?

Are Credit Card companies starting to feel the pinch? We all know that the Credit Card companies make their money by charging us interest on the money... Read More

Taking Control of Your Credit History

Your credit history is important; in fact, in this day and age, only family and your time are more important than your credit history! The first time... Read More

10 Ways To Protect Your Financial Identity Being Used For Someone Else?s Shopping Spree

Someone impersonating you could be spending your hard-earned money.Impossible! Not really, check, loan, and identity fraud are a real problem. In 2002, the federal trade commission estimated... Read More

Identity Theft ? Who Would Want Mine?

With all my bills who would possibly want my credit? Let them steal my identity and pay my bills! Unfortunately, that's not the way it works. Many... Read More

How To Start A Second SEPERATE Credit File!

Your personal credit file is separated from those with the same or similar names by several factors, including a driver's license number, birth date, or spouse's name.... Read More

How To Boost Your Credit Score

Years ago your credit score was a big secret, known only to a select few such as your mortgage and credit card companies. In 2000, Fair, Isaac... Read More

0% Credit Cards

These days, credit cards in the UK are competing with each other on two very attractive offers with a headline rate of 0%. These 0% credit cards... Read More

Building Good Business Credit After Bad Credit

Can you establish good business credit if you have bad personal credit? The answer is yes...but with a few caveats.Business credit reports and personal credit reports are... Read More

How To Establish Great Credit

Building a good credit history is important. If you have no reported credit history, it may take time to establish your first credit account. This problem affects... Read More

Credit Scores and Loan Applications

Keep Your Credit History Clean - Remove A Negative Credit Record From Your Credit ReportIt can make a difference of up to 18% in loan repayment costs.... Read More

Credit Report ? How to Improve Your Credit Score

One of the great mysteries of life is how the three major credit bureaus (Experian, Equifax, and Trans Union) score credit. They all have secret statistical formulas... Read More

The Hazards Of Your First Credit Card

You probably don't need me to tell you credit cards are easy to get a hold of; at least, that is so in the US and UK.... Read More

Identity Theft ? Guard Your Childrens Social Security Numbers

Identity theft is a growing concern among Americans, and rates among the top five complaints received by states' Attorney General's offices. A stolen identity can lead to... Read More

Getting Your Credit Report and Understanding Whats On It

If you intend to apply for a loan, you need to obtain your credit score. Understanding what this score means will allow you to make the loan... Read More