Credit Counselors Explained

Credit counselors have become commonplace as they can be found at banks, nonprofit agencies, credit unions, universities, and even religious institutions with a purposes to help people get out of debt without declaring bankruptcy. Credit counselors are supposed to act as mediators between debtors and creditors. They will sit down with a client and determine how much debt they owe and how and when they can pay the money back. This means that they will create a budget and a payment plan for

Read more ...