Tag Archives | Credit Counseling

How to Select a Legitimate Credit Counseling Agency

By in Debt

This is a guest post provided by the National Foundation for Credit Counseling (NFCC).  The NFCC is the nations largest and longest serving national nonprofit credit counseling network.  It promotes the national agenda for financially responsible behavior and builds capacity for its Members to deliver the highest quality financial education and counseling services. The last [...]

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Should You Work with a Debt Settlement Company?

By in Debt

There are many offers on TV and radio from companies offering to negotiate your unsecured debt for “pennies on the dollar,” reducing balances by 50% or more. Is this for real?  What’s the catch? How would this affect your credit rating? These are some great questions recently submitted via Ask One Money Design.   As a reminder, you [...]

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Take Care to Avoid Bankruptcy

By in Bible & Money, Debt

It’s no secret many people have found themselves over extended and are feeling the painful impacts during this recession today.   An often discussed alternative to financial struggles is filing bankruptcy.  I hear people pondering this approach quite often in financial counseling. I’ll disclaim now that I’m not a legal expert or lawyer, so I don’t plan [...]

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How to Manage Financial Storms

By in Bible & Money, Save

When was the last time you were caught in a financial storm?  Sometimes when we’re in the storm it may seem like there is no way out or few options in front of us.  And sometimes we just want to run for cover and avoid the storm all together. We all have financial storms.  The [...]

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Credit Counseling: An Option to Consider?

By in Debt

For some, a budget can balance while also meeting monthly debt obligations. But unfortunately, this may come at the expense of not meeting essential needs or having the ability to obtain financial goals such as emergency savings. For others, no matter what amount of work goes into reviewing the budget and reducing expenses, they just [...]

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