Debt relief and bankruptcy can both help you tackle a debt problem, but only one option is best for your situation.

Debt settlement is an arrangement you make with your unsecured creditors in which they accept less than you owe and forgive ...

Money Management International (MMI), a leading non-profit credit counseling agency, has witnessed a dramatic surge in demand for its services. The organization reports a 35% increase in the need ...

There's a monthly payment commitment. Debt management programs require you to make a single, fixed monthly payment to the credit counseling agency, which then distributes the funds to your creditors.

To find a reputable service, head to the National Foundation for Credit Counseling. It's a trusted resource for accredited ...

Bruce McClary, senior vice president of communications at the National Foundation for Credit Counseling, which is one of the oldest non-profits offering credit counseling services in the U.S ...

Nobody would fault you for confusing credit counseling with other similar, but distinct, credit services, namely, debt settlement and debt consolidation. Here’s a quick snapshot of each.

What Services Do Credit Counselors Offer? Credit counseling is more than just a quick chat about budgeting. Many agencies offer a full range of services to help you take control of your money: ...

Credit counseling agencies charge up to $75 to participate in a debt management plan, as well as a monthly fee that ranges from $25 to $50, depending on the agency and where you live.

Credit counseling agencies charge up to $75 to participate in a debt management plan, as well as a monthly fee that ranges from $25 to $50, depending on the agency and where you live.

In its fourth year of ongoing investigations into consumer credit-counseling agencies' activities, the IRS has revoked the tax-exempt status of 21 organizations; another 26 revocations are in ...