87
edits
Debt Relief: Difference between revisions
→Debt Management
| Line 10: | Line 10: | ||
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, [[Debt Relief:Bibliography#Self Help | researching]] before selecting | 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#Self Help | researching]] a company before selecting an organization can relieve anxiety about the organization. Make sure the organization is affiliated with an accredited organization, such as the [[Debt Relief:Bibliography#Bibliography | 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: | ||