Wednesday, June 7th
2023 Credit Counseling Service Reviews
Consolidated Credit
- Has helped over 10 million people
- Comprehensive online resources across a wide range of financial topics: webinars and workshops, videos for kids and teens, financial calculators and education courses, how-to guides on credit, and much more
- In operation since 1993
- Over 7,000 five-star reviews from clients
- "A+" rated and accredited by the BBB
Consolidated Credit has helped more than 10 million people over the past 30 years, reducing credit card debt and helping consumers get on top of their personal finances. There's no need to sign up for a debt management plan to use the abundant resources on the site: learn about budgeting, teach your teens how to build their credit, and much more. And, if a DMP is right for you, over 7000 people give Consolidated Credit a perfect five stars for that service. But, other types of credit counseling are limited (and even glitchy) here, so some prospective clients will need to go with a different organization.
NFCC
- Created in 1951
- Helps consumers connect with vetted, reliable credit counseling services
- Lots of resources available on the website
- "A+" from the BBB
As the largest and most long-standing nonprofit credit counseling organization in the US, NFCC functions as a hub for evaluating other nonprofit credit counseling providers. Through their network, they can link you with trustworthy services in your region. While the NFCC does not offer credit counseling directly, their website has an abundance of resources to educate you on the process and prepare you for your partnership with one of their affiliate organizations.
More Credit Counseling Service Reviews
The 9 Best Credit Counseling Services
Where Can You Get the Best Credit Counseling?
Credit counseling services can be incredibly helpful to individuals who are struggling with debt, looking to improve their credit score, or simply need guidance on financial planning. However, with so many options available, it can be difficult to know where to turn for the best counseling services.
One of the primary benefits of credit counseling is that it can provide you with a comprehensive assessment of your financial situation. This assessment takes into account your income, expenses, debts, and assets, and helps identify areas where you may be overspending or under-saving. Based on this assessment, the credit counselor can provide personalized advice to you on how to create a budget that aligns with your financial goals.
Credit Counseling Service FAQ
Continued from above...
Another benefit of credit counseling is that it can help you develop a plan to pay off your debts. This plan may involve consolidating debts, negotiating with creditors, or creating a debt repayment plan. By working with a credit counselor, you can develop a debt repayment plan that is tailored to your specific financial situation, which can help you achieve financial freedom more quickly.
In addition to debt repayment, credit counseling can also provide education and resources on how to manage credit and financial products. This education can help you make informed decisions about credit cards, loans, and other financial products, which can improve your credit scores and make it easier to access credit in the future. By learning about the different types of credit products available, you can choose the products that are best suited to your financial goals and needs.
The first step in finding the best credit counseling service is to identify your specific needs. Are you currently dealing with significant credit card debt? Are you looking for guidance on how to improve your credit score? Do you need help with financial planning or budgeting? Depending on your situation, you may need to seek out a credit counseling service that specializes in a particular area of financial counseling.
Once you have a clear understanding of your needs, you can begin your search for the best credit counseling service for you. A good place to start is by checking with non-profit credit counseling organizations, as they typically offer free counseling services and may also be able to direct you to resources that can help you better manage your finances.
There are also a number of for-profit credit counseling services available, many of which offer free consultations to help you determine whether their services are right for you. When considering a for-profit credit counseling service, it's important to do your research and make sure that the organization is reputable and has a solid track record of success.
When evaluating any credit counseling service, be sure to consider these factors as well:
- Experience and credentials. How long has the service been operating? How many clients have they helped? What kind of certifications does the provider have?
- Types of service offered. Will you receive basic counseling or in-depth, hands-on help with making a budget and paying down debt? Which services are free and which ones are fee-based?
- Client feedback. Read reviews and testimonials from previous clients to get a better sense of their effectiveness and customer service. Credit problems are stressful enough on their own, so finding a counseling service that has a good reputation can ease your worries during the process of turning over a new leaf.
Ultimately, the best credit counseling service for you will depend on your individual needs and situation. Top Consumer Reviews has done the hard work of researching all of today's most popular credit counseling providers, making it easy for you to choose the one that will best help you make better financial decisions and achieve your goals.
Compare Credit Counseling Services
Select any 2 Credit Counseling Services to compare them head to head
Trending Credit Counseling News
Related Credit Counseling Reviews
Since you're interested in Credit Counseling Services, here are some other reviews you might find interesting.
Newest Reviews
