Is Credit Counseling Right For Me?
Posted on June 18, 2009 at 11:56 am
How will I know if credit counseling is right for me?
Posted on June 18, 2009 at 12:02 pm
bryfish-
Credit counseling is typically effective for people who have a low debt amount (under $10 K), high interest rates but no problem making their monthly payments at all.
Are you familiar with how these companies work? If not let me know and I can give you an overview.
What is your situation? Is it similar to what I mentioned above or not?
Posted on October 21, 2009 at 5:24 am
Is credit counseling right for me?
What is your goal? Debt management and debt reduction or is it debt elimination?
Posted on October 21, 2009 at 5:25 am
Is credit counseling right for me?
If your debt amount is over $10,000 and your accounts mostly past due, maybe debt settlement is better for you.
Posted on October 21, 2009 at 5:26 am
Is credit counseling right for me?
If you are being served a lawsuit, facing eviction, foreclosure -- credit counseling won't save you. Perhaps you should file bankruptcy to avail of its automatic stay provision.
Posted on October 21, 2009 at 5:31 am
Is credit counseling right for me?
It depends on your financial situation. If you are undecided as to what debt relief program to use, please feel free to fill out a form here at destroydebt.com, and get matched up to the right company as well. It is free of charge.
Posted on November 19, 2009 at 10:19 pm
If you're also asking, "Is credit counseling right for me?" The answer to this would be a yes if you aren't able to create a feasible and workable budget and stick to it. It may also apply if you cannot keep up with your bills, and are unable to agree on a payment plan with your creditors.
Posted on November 20, 2009 at 1:21 am
"Is credit counseling right for me?" Well it's better than bankruptcy.