Credit Counseling

Consumers deep in debt or having trouble paying bills need to be careful when finding help for credit or debt counseling. Many so-called non-profit organizations have been shut down by law enforcement for funneling money to their for-profit arms. This money comes from hard-up consumers who can scarcely afford to lose it.

Many credit counselors will provide services at no charge to the consumer. To find a reputable organization in your area, contact the National Foundation for Credit Counseling at www.nfcc.org or 800-388-2227.

And beware of credit-repair companies.

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