Are Non-Profit Credit Counseling Agencies a Better Bet for Consumers?

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Unscrupulous Agencies Hurt Public Image of Credit Repair Counseling
By: Michael Martin | 10/05/2006 | Finance
Once considered a positive step for people seeking to repair their credit, credit counseling has suffered recently from reports of deceptive actions by unscrupulous agencies. Since many consumers do not understand that credit repair agencies can only assist with debt reduction, some agencies have attempted to make clients believe they can also help improve credit ratings. Consumers must be aware that if the information on a credit report is correct, no agency will be able to have it removed. Any reliable agency will work to remove negative items that are genuine errors; anything more is unrealistic.

Can Credit Counseling Help You Get Out Of Debt ?
By: Ken Black | 15/02/2007 | Non-Fiction
Credit counseling is a good idea if you need to get out of debt and need a helping hand. Just make sure you choose the right company.

Become Debt Free in the New Year
By: Brian Williams | 10/10/2007 | Self Improvement
Becoming debt free is a major New Year's resolution for many Americans.

How a Consumer Advocate Can Help You Handle Debt Collectors
By: Adam Jasa | 12/06/2008 | Finance
A Consumer Advocate specializing in Debt Collection Practices can be an effective option to help you get through the credit collection process. Consumer Advocates or Unions are set up to act as a layer of protection between you and the creditor/collector once your debts fall behind. Most Consumers Unions were...

Combine Credit Counseling With Debt Elimination for a Fresh Financial Beginning
By: Jim Vrana | 17/05/2008 | Debt Consolidation
Utilizing a debt elimination program will relieve you of your debt burden. Credit counseling may then be obtained to help ensure that this burden will not return.

How to Choose Between Debt Management and Debt Elimination
By: Jim Vrana | 13/06/2008 | Credit
For people carrying too much credit card debt, choosing the correct debt relief program can be a confusing and stressful experience. There are many factors which are involved in this personal decision.

Get Rid of Credit Card Debt With Credit Counseling
By: Cornie Herring | 04/01/2007 | Credit
Credit card debt has been an ongoing problem ever since the credit card was created in 1950. People were going into debt at an astounding rate. Many are trapped into unbearable credit card debt that they couldn't possibly pay it all back. Read this article to learn how Credit Counseling can help you to get rid of your credit card debt.

What is a Specialized Debt Management Program
By: Cornie Herring | 03/05/2007 | Debt Consolidation
Normal-traditional debt management program is designed for those people who have debts that are exceeded their repayment capability. Traditional debt management normally works hand-in-hand with credit counseling to help the debtors to resolve their debt issues. But there is another specialized debt management program which dedicated for people who have good credit. Read this article for more information on specialized debt management program.

Got a Question? Ask.

Saving on taxes.
By: Samwise24601 | 06-08-2008
My wife has retired and will be getting a check from the sell of her stocks in a couple of weeks. Is there a way to keep from paying so much in taxes? A legal way that is. Can she gift the money to me so we do not have to pay the taxes.

I am faced with letting my house go into ...
By: Chris | 06-08-2008
i am faced with letting my house go into foreclosure due to job loss i have lived there 6 years with a fixed fanny mae loan will i qualify for the new law that does not tax me on what the diiierence is of what the bak sell it for and the balance owed

Does FDIC apply to each individual account if you ...
By: stephenlaflam | 06-08-2008
Does FDIC apply to each individual account if you have multiple accounts in one bank under the same name but different account numbers?

Wanting more interest
By: Terry | 06-08-2008
Got a question about Money? Type your question here...I am 74 years of age.  I am a working Realtor in this slow market with $200,000 in CD's.  I would like to know where I can safely put my money in order to make more interest to live on besides my SS.  I own 2 condos fully paid but do not rent them out.  Nearly Retired

Home improvements needed now - where to get the money?
By: TMI2 | 06-08-2008
shjAbsolutely need to upgrade house NOW; where is the best place to get the money? Refinance, home equity, 401K, retirement income?

Young and misguided
By: Chaiteagirlie | 06-08-2008
I am 24 years old and am pretty good at saving. I have accumulated some wealth in my savings account and am wondering where I should be keeping it in order to make some sort of profit? Is it even possible in this current economical position? I do not plan to utilize this money for at least a decade. What should I do?

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Overseas Property Buyers Loving the Credit Crunch
By: Nicholas Marr | 06/09/2008
International real estate industry has been bracing itself for the global slowdown but as author Niocholas Marr explains for some this is the nest time to make that purchase of an overseas property

Net Operating Income and Real Estate Analysis
By: James Kobzeff | 06/09/2008
Discover the various ways net operating income gets used in real estate investing and learn how each is calculated.

Financial Security Planning in Uncertain Job Climates
By: Marilyn Katz | 06/09/2008
Nobody can predict every possible emergency or financial problem, but every can do their best to plan for the unexpected.

3 Things You Need to Know About Secured Credit Cards
By: Sean Masterson | 06/09/2008
Think you understand the ins and the outs of secured credit cards? There's actually quite a few misconceptions that many have about these particular financial tools. If you want to make an informed credit card decision when choosing a secured card, there are three things you absolutely must know.

Stock Market Volatility Helps In Making Money Using Stocks
By: Amit Kheterpal | 05/09/2008
Anyone who has ever ventured into the stock market would have gotten to know by now that the index can go up and down on any given date. That gyration can actually help you make good returns on the stock market.

Tips On How To Diversify Your Risk In The Stock Market
By: Amit Kheterpal | 05/09/2008
Stock market is not for the faint hearted they say. That is definitely correct and a lot of people who join the stock market bandwagon hearing stories about loads of money to be made usually are the ones who burn their fingers in the stock market very easily.

Making the Most of Your Business Banking Relationship
By: Ann Knapp | 05/09/2008
Anyone who owns a business can appreciate the need for a bank account to handle bill paying, deposits and payroll. But banks can assist business owners in so many other ways as well. In fact, having a reliable financial partner can help a business reach its greatest potential, as well as provide support during times of financial need.

10 Sound Budgeting Tips to Ensure Financial Freedom
By: Michael New Jr. | 05/09/2008
Here are 10 sound budgeting tips that will surely get you on the right track again. If you're in trouble with debt, this article is a must read!

More from Michael Martin

Unscrupulous Agencies Hurt Public Image of Credit Repair Counseling
By: Michael Martin | 10/05/2006 | Finance
Once considered a positive step for people seeking to repair their credit, credit counseling has suffered recently from reports of deceptive actions by unscrupulous agencies. Since many consumers do not understand that credit repair agencies can only assist with debt reduction, some agencies have attempted to make clients believe they can also help improve credit ratings. Consumers must be aware that if the information on a credit report is correct, no agency will be able to have it removed. Any reliable agency will work to remove negative items that are genuine errors; anything more is unrealistic.

Reducing Your Credit Card Debt One Day at a Time
By: Michael Martin | 08/05/2006 | Finance
Though debt reduction is a common goal, it is difficult to carry out as long as consumers feel swiping a credit card is easier than paying in cash. If you are carrying too much debt for your own comfort, there are four simple steps you can take every day to help you reduce your debt. Following these steps will help you break the cycle of debt, and regain control of your financial future.