National nonprofit, American Consumer Credit Counseling, shares why it

BOSTON, MA (PRWEB) FEBRUARY 23, 2017

Credit counseling (http://www.consumercredit.com/our-services/credit-
counseling/) is a financial service designed to educate consumers
about how to pay off their debts and potentially avoid debt in the
future. This type of counseling may involve analysis of a consumer’s
financial situation, evaluation of debt reduction strategies for
managing and paying off debt, and personal finance education for
proper money management. In order to understand if credit counseling
is the best option for a consumer, national nonprofit American

Consumer Credit Counseling explains what to expect from such
counseling and how it can help.

“People of all ages and income levels can struggle with debt. These
consumers may benefit from credit counseling,” said Steve Trumble,
President and CEO of American Consumer Credit Counseling, which is
based in Newton, MA. “It is intended to help those consumers who are
trying to pay off debt, repair their credit rating or learn how to
manage their finances more effectively.”

Credit counseling focuses on education and helping consumers find the
best path to getting out of debt. Consumers that have a lot of
unsecured credit card debt can turn to a reputed credit counseling
agency such as American Consumer Credit Counseling to help make a plan
to pay it off over time. Certified counselors will work with the
consumer to review his or her options to deal with credit card debt,
discuss the advantages and disadvantages of each alternative and help
them create a budget that will allow them to pay down the debt each
month. It is important that consumers carefully research potential
counseling agencies to determine their approach – for example, whether

they are nonprofit or for-profit – and to ensure that they find an
organization that can help them achieve their financial goals.

American Consumer Credit Counseling explains what a consumer can
expect when contacting a certified credit counselor:

1.    The certified credit counselor will first evaluate the
consumer’s current financial situation.

2.    The consumer will be provided with a detailed review of their
income, assets and expenses.

3.    The counselor will provide the consumer with personalized
options based on their goals, which may include social service
referrals, educational materials and resources and a Debt Management
Plan.

4.    If the Debt Management Plan (http://www.consumercredit.com/our-
services/debt-management-program/what-is-a-debt-management-program/)
is the consumer’s best option the certified credit counselor will
provide them with the complete program and details.

ACCC is a 501(c)3 organization that provides free credit counseling,
bankruptcy counseling, and housing counseling to consumers nationwide
in need of financial literacy education and money management. For more
information, contact ACCC:

   For credit counseling, call 800-769-3571

   For bankruptcy counseling, call 866-826-6924

   For housing counseling, call 866-826-7180

   Or visit us online at http://www.ConsumerCredit.com

About American Consumer Credit Counseling

American Consumer Credit Counseling (ACCC) is a nonprofit credit
counseling 501(c)(3) organization dedicated to empowering consumers to
achieve financial management through credit counseling, debt
management, bankruptcy counseling, housing counseling, student loan
counseling and financial education concerning debt solutions. In order
to help consumers reach their goal of debt relief, ACCC provides a
range of free consumer personal finance resources on a variety of
topics including budgeting, credit and debt management, student loan
assistance, youth and money, homeownership, identity theft, senior
living and retirement. Consumers can use ACCC’s worksheets, videos,
calculators, and blog articles to make the best possible decisions
regarding their financial future. ACCC holds an A+ rating with the
Better Business Bureau and is a member of the National Foundation for
Credit Counseling® (NFCC®). For more information or to access free
financial education resources, log on to ConsumerCredit.com or visit
http://www.consumercredit.com/financial-education.aspx