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