Many Americans—about half—carry credit card debt from month to month, and about 53 percent of them have been in debt for more than a year, according to a survey by Bankrate.com. Households with credit ...
Getting out of debt can be overwhelming, especially when you don’t know where to start or what advice to follow. A nonprofit credit counseling agency can help you develop a strategy to improve your ...
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What is credit counseling?

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Debt management program: For people who are in an unmanageable amount of debt, the free program helps them prioritize payments and avoid bankruptcy. Bankruptcy counseling: Required for people before ...
A DMP is a structured repayment program offered through nonprofit credit counseling agencies. In many cases, the credit counseling agency works with participating creditors to help make repayment more ...
After an initial evaluation, a counselor will advise you on the best course of action to tackle your debt, whether you need general personal finance advice, bankruptcy counseling or something else.