1,254
edits
Debt Relief: Difference between revisions
→Debt Management
| Line 14: | Line 14: | ||
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: | ||
# Help debtors to assess their debt situation. | |||
# Offer debt counseling, such as, how to avoid overspending and advise in handling existing debts. | |||
# Help 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 their money management skills. The debtor must change the way he/she thinks. They must rid themselves of all financial anxieties or debt will probably accumulate again. | Most financial advisors agree that the most important step a person must take before seeking counsel is to change their money management skills. The debtor must change the way he/she thinks. They must rid themselves of all financial anxieties or debt will probably accumulate again. | ||