What is credit counseling and how can it help me?
Credit counseling is a service that helps individuals manage their debt and improve their financial situation. It provides guidance on budgeting, debt repayment, and can help you understand your credit report.
Do I need to pay for credit counseling services?
Many credit counseling agencies offer free initial consultations, but some may charge fees for ongoing services. It's important to research and choose a reputable agency.
How do I find a reputable credit counseling agency?
You can start by checking with the National Foundation for Credit Counseling (NFCC) or the Financial Counseling Association of America (FCAA) for accredited agencies.
What should I expect during a credit counseling session?
During a session, a counselor will review your financial situation, discuss your goals, and create a personalized plan to help you manage your debt.
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