What is a consumer credit counseling service and how does it work?
A consumer credit counseling service helps people with financial problems find ways to pay their bills through budget planning, money management, and debt reduction. These services can be an excellent resource for people who are serious about paying off debt. The staff works with clients to prepare a budget plan for repaying debts and then contacts creditors to ask them to accept the plan. These services are either free of very inexpensive. The offices are listed in yellow pages of phone book under Credit and Debt Counseling Services.
