Are there Benefits Of Working With A Credit Counseling Agency? (Part 2)

 by: Michael Saunders

Unfortunately, there is no magic wand to make all your financial problems disappear, but a good certified credit counselor will always offer solutions. Expect more than one solution, and expect some solutions you don't like. Your counselor will give you a balanced perspective of what you need to do, how long it will take, and what resources are available to help you along the way. Your counselor will probably discuss bankruptcy, as well as other solutions. The counselor will propose solutions not just in the light of your current situation, but in light of your future needs.

A good credit counselor offers solutions with your future goals in focus. A solution that works best for you is one that not only deals with current issues but takes into account how you see your future. For example, if you're planning to buy a house, get a security clearance at work, or send your triplets to college in five years, that future goal will affect the course of action that will best fit your needs.

For about 75 percent of the over 1 million people who bare their souls to credit counselors each year, advice and direction are all they need. An unexpected by-product is improved financial communication. For many couples and families, credit counseling is the first time that goals, spending priorities, and even some secrets such as hidden debts are openly discussed.  (continued...)
Are there Benefits Of Working With A Credit Counseling Agency? (Part 2)
  Page 2

About The Author

Michael Saunders has an MBA from the Stanford Graduate School of Business. He edits a site on Credit Repair and Debt Consolidation and is president of Information Organizers, LLC.

“I think, by 2018, there’s an opportunity for New Orleans to be viewed around the country, around the world, as a hub of entrepreneurship for the South,” says Tim Williamson, the CEO and cofounder of incubator The Idea Village, referring to the year the city will celebrate its 300th anniversary.

Social Sector Jobs

  Fundraising & Development Jobs
  Executive Director Jobs
  Social Work Jobs
  Social Services Jobs
  Education Jobs

Click here to open the popup

Never miss an update from Papermashup

Get notified about the latest tutorials and downloads.

Subscribe by Email

Get alerts directly into your inbox after each post and stay updated.

Subscribe by RSS

Add our RSS to your feedreader to get regular updates from us.