Credit counselingservices can help you understand your finances and how you got into credit card debt in the first place. They’re best used by anyone who doesn’t qualify for most debt consolidation options. Credit counseling services also help you create a plan to pay off your debts, which...
In the personal finance world, people use the word when they refer to credit counseling or debt settlement. Neither of these approaches fit the dictionary definition because neither combines all of your debts into a single debt. Both, however, allow you to make one monthly payment, which a ...