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Debt Relief: Difference between revisions
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An [[Debt Relief: Interview#Interview | Interview]] conducted with a local agency on the issue of debt management summed up some important points for anyone seeking help managing their credit. Here is a summary of the information gathered up from the meeting: | An [[Debt Relief: Interview#Interview | Interview]] conducted with a local agency on the issue of debt management summed up some important points for anyone seeking help managing their credit. Here is a summary of the information gathered up from the meeting: | ||
Credit counseling and debt management agencies offer professional help to individuals in need of assistance in paying off their debts. These agencies look at the client's bills, listen to their needs, make recommendations, and create budgets. Although these companies have received bad press in the past, researching before selecting a company can assure you of their safety. In your search make sure your choice is accredited with an institution, such as the Better Business Bureau. Also a debtor must make sure to look at state laws, so that he/she is not overcharged for financial help. | Credit counseling and debt management agencies offer professional help to individuals in need of assistance in paying off their debts. These agencies look at the client's bills, listen to their needs, make recommendations, and create budgets. Although these companies have received bad press in the past, [[Debt Relief:Bibliography#Bibliography | researching]] before selecting a company can assure you of their safety. In your search make sure your choice is accredited with an institution, such as the Better Business Bureau. Also a debtor must 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: | The steps most of these agencies take to help debtors eliminate debt are: | ||