You should seek out counseling for
credit card debt if you have excessive debt related to credit card usage.
Counseling a person who is deep in credit card debt is
much like counseling a person with personal problems. The counselors give advice
and coping strategies to help solve the problem.
There are literally hundreds of credit card debt counseling companies around the
world and you want to make sure that you get one that is reputable and that can
help you get out of debt. What should you look for? Here are a few things to consider:
Make sure that the credit card debt counseling service
is certified and accredited with a professional debt counseling association for
reliability. In order for companies to become a part of that reliability association,
they have to pass a series of tests to insure that they can provide the required
services to provide effective counseling for credit card debt.
A good debt counseling company will be able to put together
a debt repayment plan that is tailored to your specific needs. If they try to sell
you a "cookie cutter" debt repayment plan, they aren't really counseling you with
regards to your credit card they are doing what they have to do in order to make
Look for a debt counseling company that will charge
you a percentage of the amount they will save you by negotiating with your creditors
instead of a flat rate fee. If they charge a percentage, in order to make the most
money, they will want to work harder to make your savings higher. By charging a
flat rate fee, they know they are getting paid no matter what, so the incentive
to work hard just won't be there.
Make sure you are getting a written agreement from the
credit card debt counseling agency. If they don't give you the terms in writing
- run fast the other way!
Finally, make sure that all services are kept confidential.
The last thing you want is for people to be able to have access to your financial
information, confidentiality is a must.
Getting counseling for your credit card debt is one of the most responsible things
that you can do to become debt free and get out from under those bad financial decisions.
Just take our advice and get a credit card debt counseling company you can rely
on and who will work for you not against you.