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Written by Administrator
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Thursday, 10 April 2008 |
Gas prices rising, talk of a recession, mortgage crisis, layoffs, cut backs and americans in debt. Sounds bad doesn't it, well it is worse than you think.
Recent statistics show that americans are carrying larger balances on their credit cards and even using credit cards to pay off large bills each month suchs as auto loans, mortgage loans, and even other credit cards. How can you stop the cycle and get back into a positive cash flow? |
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Last Updated ( Saturday, 19 April 2008 )
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Written by Jayson Brock
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Thursday, 10 April 2008 |
What is Debt Management?
Debt Management is the program that consolidates your unsecured debts into one monthly payment, which is sent directly to your creditors by the Credit Counseling service.
Credit Counseling is the actual sessions you will have with a professional counselor regarding debt management, budgeting and personal finances.
Consolidated Credit Counseling customizes a Credit Counseling & Debt Management Program that fits your financial needs.
Our certified credit counselor’s review your financial information and then work with your creditors to arrange reduced monthly payments, interest charges and fees for your unsecured debt. You make a single monthly payment to Consolidated and those funds are then disbursed to all creditors on a monthly basis.
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Last Updated ( Saturday, 19 April 2008 )
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