Promises of reduced debt, low-interest loans and magical fixes to your credit score that are arriving in the mailbox or email box are tempting but be aware of the difference and know which is the best solution to get out of debt.
What is the difference between credit counseling, debt relief, debt consolidation and credit repair?
Credit counseling is the most comprehensive solution, focusing on a variety of resources to help solve financial issues. It also requires the most work and doesnt promise immediate relief. Tools include budgeting, educational programs, access to counselors and a personalized plan. Credit counseling may (but doesnt always) lead to a Debt Management Plan where funds are deposited in…
Read the full article at: https://www.southbendtribune.com/story/business/2023/06/09/consumer-advocate-tips-on-credit-repair-and-debt-relief-services/70277052007/