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 [...]
Tag Archives | Credit Counseling
Should You Work with a Debt Settlement Company?
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 [...]
Take Care to Avoid Bankruptcy
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 [...]
How to Manage Financial Storms
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 [...]
Credit Counseling: An Option to Consider?
Feeling the burden of debt in your financial life? 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 [...]
Welcome to One Money Design
One Money Design is a personal finance blog that exists to help people make progress along their journey to true financial freedom and become more generous with their time and money.
