With life comes challenges, including financial ones. Making an appointment with a credit counselor from a certified credit counseling agency can give you the means to pay off debt and get your finances in order.
Not sure if you really need help? We’ve outlined five signs that you should consider credit counseling support.
Exploring Your Options Before Bankruptcy
If your financial struggles have become too much and you think bankruptcy is the only way out, pause. There are a number of other options that won’t set your credit back seven to 10 years and make it harder to get approved for loans.
Overwhelmed by Credit Card Balances?
Getting behind on your credit cards makes it increasingly harder to pay them down—especially with interest rates as high as they are now. When you meet with a credit counselor, they can enroll you in a debt management program. This offers structured repayment, with your counselor working with your lenders to consolidate your credit cards into one monthly payment and lower your interest rate.
Need a Plan to Pay Down Your Debt?
Getting started paying down your debt can seem overwhelming. But meeting with a credit counselor can help you get organized. They’ll create a workable budget and help you plan for the future.
Wondering What’s on Your Credit Report?
Managing your finances is only going to be harder if you don’t know what’s on your credit report and how much debt you have. A credit counselor can help you understand what your finances look like and how to get them in order.
Finding the Tools You Need to Succeed Financially
With the right information and support, credit counselors can point you to workshops and other helpful resources to make managing your money easier.
Bottom Line
Working with a credit counselor can help you manage your finances better at any time. If the issues above apply to you, reaching out can help you take control of your financial future.