The benefits of credit and debt counseling services
For anyone struggling with bad credit or lots of debt, nonprofit credit and debt counseling services can help. Solving your financial issues is a lot easier with the help of a financial professional. Non-profit consumer credit counseling provides free access to certified credit counselors who are experts at understanding your financial problems and helping you make a plan to solve them.
No one should have to manage their debt alone. At American Consumer Credit Counseling (ACCC), you’ll find comprehensive credit and debt counseling services that can help you take control of your finances and reach your financial goals.
What’s involved in credit and debt counseling services?
When you come to ACCC for credit and debt counseling, you’ll meet with a certified credit counseling professional in a free session with no strings attached. During that hour-long session, we’ll help you evaluate your finances by documenting your income, expenses, assets, and debt. Next, we’ll outline all of the possible strategies available to you for getting out of debt and talk about the pros and cons of each. These options may include a debt management plan – it’s a common strategy for paying off debt over time while preserving your credit rating.
Your counselor will present you with personalized options based on your financial goals and help you determine which path out of debt seems is the best fit for you. At the end of your session, you’ll feel a sense of relief knowing you’re starting to regain control of your financial life. ACCC will be available to you throughout that journey, offering expert assistance and helpful support.
Credit and debt counseling services from ACCC
At ACCC, we help consumers to solve their financial issues and develop the skills and knowledge to plan for a debt-free future. Since 1991, we’ve provided individuals and families across the country with free credit counseling, low-cost credit and debt management services, and a range of other services to address their financial needs.
Our credit and debt counseling services are provided by certified counselors who are professionally trained to offer expertise and advice in managing debt and credit. We also provide a wide range of educational materials and financial tools that can help you learn more about effective money management while building the skills and habits to avoid debt in the future.
Our comprehensive services include:
- Free credit counseling
- Low-cost debt management programs
- Bankruptcy counseling
- Housing counseling
- Student loan counseling
Taking control with a debt management plan
When you come to ACCC for credit/debt counseling services, your credit counselor may introduce the possibility of enrolling in a debt management plan. This approach is designed to pay off your debt over a period of time – usually 3 to 5 years – by creating a reasonable budget that lets you set aside a certain amount each month for debt reduction.
To get started, your counselor will evaluate your financial situation and make a realistic payment plan. Rather than paying each of your creditors each month, you’ll make just one payment to ACCC and our team will make payments on your behalf. There are three benefits to this approach:
- It simplifies your finances and reduces financial stress. Rather than worrying about making multiple payments to your creditors each month, you’ll make just one payment to ACCC.
- It lets us pay your bills on time. Paying your bills regularly and on time each month is an important part of getting out of debt. Our team will take responsibility for making that happen.
- It lets us seek reductions in interest rates and charges. Working with your creditors, we’ll seek to reduce the interest rates on your loans and credit cards and to eliminate finance charges, late fees, and over-limit fees. That can save you money and help to pay down your debt quickly.
Why choose ACCC’s credit and debt counseling services?
When you’re looking for help to manage your financial situation, you’ll find highly effective credit counseling at ACCC.
We’ve worked in the credit counseling industry for three decades, providing free counseling and low-cost debt management programs to people across America. We are committed to keeping our fees as low as possible and we often waive or reduce fees based on financial hardship.
Our credit and debt counseling services are provided by highly trained and trusted individuals with expertise in all areas of managing debt. Our services are available over the phone, and we offer a convenient online chat feature where you can get quick answers to your questions.
At ACCC, we strive to provide superior customer service that helps to take the stress out of financial difficulty. From handling every aspect of your debt management plan to assisting you throughout your journey out of debt, we are here to support you as long as you need help.
ACCC is accredited through the Better Business Bureau with an A+ rating. And we are a member of the National Foundation for Credit Counseling (NFCC).
FAQs: What are credit/debt counseling services?
What are credit/debt counseling services?
Credit counselling, or debt counseling, is a service provided by certified financial professionals for individuals who need help managing their debt or repairing their credit. Credit/debt counseling services are usually provided by non-profit organizations, making it possible for consumers to get free counseling or low-cost debt management services.
What are the advantages of credit and debt counseling services?
With credit and debt counseling, people can understand all their options for dealing with their debt. They can make a plan for paying down their debt over time. Credit and debt counselors can also connect consumers with educational materials and financial tools that can help them manage money more efficiently and develop sound financial habits to avoid debt in the future.