What Are The Best Credit Counseling Programs Out There?
Posted on July 20, 2009 at 10:49 pm
I am caught up on my bills and am pretty confident that credit counseling is the best option for me. I've done my research on this but it seems that I also need some more input out there. Could you give me a sample list of the companies with the best credit counseling programs? Thank you and have a nice day
Posted on July 21, 2009 at 12:49 am
Personally I won't be able to give you a comprehensive list on the best credit counseling programs out there, as each company has their own good points and bad points. However one good way to gauge a company's performance is to check its record with the Better Business Bureau at their web site, http://www.bbb.org. Picking a company that has a minimal number of complaints and has been in the business for quite some time now (preferably 10 years or more) is a safe bet.
Posted on July 21, 2009 at 2:43 am
Another safe bet would be enrolling your acct in a company accredited by the National Foundation for Credit Counseling, especially if the company is non-profit. That way, you would be sure that the company is complying with the industry's standards on quality, excellence, and integrity. You may know more about the Foundation on http://www.nfcc.org
Posted on July 21, 2009 at 2:49 am
What do you guys think of FReedom Debt Relief? I am hearing good things about them and was wondering if you'd say the same, or if I should seek other companies for my credit counseling needs....
Posted on July 27, 2009 at 3:03 pm
Freedom Debt Relief is a debt settlement company, not a credit counseling company. You can check them out on the Better Business Bureau's website (bbb.org).
Posted on August 4, 2009 at 4:28 am
What are the best credit counseling programs out there?
I think the ones that have full disclosure contract. The ones that are upfront with their services and fees. The ones that have customer representatives that can answer the consumer's inquiries.
Posted on August 4, 2009 at 4:33 am
I agree with that, it's good to ask about what the best credit counseling programs are out there, because credit counseling has become a world that's teeming with fraud, malpractice (if you may call it that) and controversy. Debt counseling is a legitimate business with players that are not all legitimate.
Posted on September 9, 2009 at 3:09 am
The best credit counseling programs are also keen on explaining matters on your contract. If a company representative would hurriedly go over the terms of the contract with you without further explanation of whatever is discussed in the agreement, you may run the risk of working with a fraudulent or "scam" organization.
Posted on September 9, 2009 at 3:54 am
How much do the best credit counseling programs ask for a monthly free?
Posted on September 9, 2009 at 4:00 am
It depends. But what I can say is, even the non-profit companies charge a certain amount, which is around $25-30, which is quite ironic considering that they are "non-profit."
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