Why Do you need Credit Restoration

What to look for in a credit counsellor

When the debt collector is knocking at the door and you have a pile of ‘Urgent Payment’ letters, it’s probably time to contact a local credit counselor.

This can be a hard step for a lot of people. Talking about money issues is a problem everyone has; no one wants to admit they can’t handle their money properly.

The first thing to remember is that a credit counselor has worked with hundreds of people in the same situation, and they are not there to judge you.

They aren’t all the same, however, and a bit of research can help you find the best debt management organization to suit you.

There are a few things to really look at before signing up for a service, and there are a lot of pretenders out there, so take a look below to help you choose your counselor.

Debt management cost

Yes, you will have to pay for these services, but if you look around, you will see they aren’t expensive and they are very necessary.

A credit counselor is certainly worth every penny, and they will normally have a minimal and straightforward pricing plan:

• Account set-up fee - Free

• Counseling sessions - Free

• Monthly service fee - $ 87.00

If you find a debt management organization that offers a simple payment system like above, here’s your first sign of a great credit counselor.

Free educational material

A good sign that a debt management organization is worth your time is the offer of free educational material.

It should be every credit counselors goal to help you get out of debt, including giving you the material to learn about money and debt. Any reputable and worthwhile organization should give you pamphlets and other sources to learn some important aspects of debt management and financial planning, without making you pay for it.

Their counseling services and time will cost you, but printing documents and handing them to you should be free.

Creditor relationships

As with people, organizations don’t always work together well, depending on their past and present history, clients and possible conflicts of interest, and so on.

Make sure any credit counselor that you want to work with, also works with your creditors. This will help in the long-run if you need to have all your debt rolled into a single fund through your debt management organization. It can be hard (or even impossible) for your credit counselor to work with uninterested creditors, making yours and their lives harder.

Conclusion

Debt can be a hard thing to escape and a harder thing to talk about with someone, but the best way to learn is to ask questions and be shown first-hand how to deal with any problems.

Finding the best credit counselor for your situation is a worthwhile and important first step in dealing with any creditors and debt build-up.

Before jumping in, though, always make sure you know their prices, which they offer free educational tools and can work directly with your creditors.

Call Renaldo Epps 610.453.1178 for more information.