Consumer Credit Counseling and the Law

Let’s be clear about two things:. First, there are millions of consumers who could likely benefit from counseling to help them control spending and reduce credit card debt. Second, finding a credit counselor who is competent, disinterested, and reasonably priced is about as easy as getting a straight answer from a politician. But help may be on the way. Read more

The Hard Truth About Credit Counseling

Offers of help for debt relief and credit counseling are all over the airwaves. The services provided are not exactly what you might expect.

Non-Profit Credit Counseling is Not What it May Seem

There are hundreds of businesses promoting themselves on radio, television, and the Internet as “credit counselors.”  Almost all of them are for-profit enterprises who are out to bleed the last few dollars out of heavily indebted consumers, in exchange for unfulfilled promises to reduce or eliminate “thousands” in credit card debt Read more