Debt Relief: Research Reports: Difference between revisions

Debt Relief: Research Reports (view source)

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-Credit counseling and debt management agencies give professional help to individuals who need assistantance to pay off debts. These agencies look at the clients debts, listent to needs, make recommendations and create budgets. These companies have received bad press in the past, so do research before selecting one. Make sure it is accredited with an institution, such as the Better Business Bureau. A debtor must also make sure to look at
+Credit counseling and debt management agencies give professional help to individuals who need assistance  paying off debts. These agencies look at the client's debts, listen to needs, make recommendations and create budgets. These companies have received bad press in the past,  do research before selecting one. Make sure it is accredited with an institution, such as the Better Business Bureau. A debtor must also make sure to look at state laws, so that he/she is not overcharged for financial help.
+The steps most of these agencies take to help debtors eliminate debt are:
+.) They help debtors to assess his/her debt situation.
+.) Avoiding overspending and handling existing debts are other areas consultants help debtors
+    with.
+.) The final steps are helping the client to build and maintain good credit.
+Most financial advisors agree that the most important step a person must take before seeking counsel is to change his/her money management skills. The debtor must change the way he thinks. M