Browse > Home / Debt, Credit Counseling / Review and renew your financial goals

Review and renew your financial goals

May 12, 2008

It’s never too late to keep your New Year’s resolution.

Let’s face it, a lot of us probably made promises to ourselves around Jan. 1.  If you did make a promise to better manage your money, have you kept it? If not, it’s time to review and renew your financial goals.

Here at Advantage CCS, we encourage consumers to look to credit counseling as the start to improve budget management and reduce debt.

A credit counseling session should give you your overall financial picture. A certified counselor will review your financial situation including the amount of income you have versus the amount of expenditures you have. The counselor will also look at your debts to determine whether they are secured or unsecured debts and what the interest rates are on those debts.

At the end of the session, the counselor will make recommendations that should help you pay down your debts and better manage your finances.

At Advantage CCS there is no charge to go through a credit counseling session.

There are many types of debt relief out there including Debt Management Plans, debt consolidation loans and debt settlement.

Which form of debt relief is the right one for you depends entirely upon your individual circumstances. If you are looking for a way to lower your debt, it is crucial that you educate yourself about the different debt relief options. Make sure you understand all of the positive and negatives of each option.

However, start with credit counseling. A reputable agency should not force you into a Debt Management Plan and should offer counseling and education regardless of whether or not you choose to enroll in their plan.

Participating in a credit counseling session will not stop you from exploring the other debt relief options. What it will do is give you a good idea of where you stand financially, which is the first step when exploring ways to reduce your debt.

Written by admin · Filed Under Debt, Credit Counseling 

Comments

Terms of Service
1. All comments are subject to review by Advantage Credit Counseling Service prior to their publication on this site. Advantage CCS reserves the right to decline publication to any post it deems in violation of the Terms of Service.
2. No potentially libelous or damaging statements will be posted. This includes negative and / or unsubstantiated allegations against Advantage CCS and its competitors.
3. No comments including obscene, explicit or racist language will be posted.
4. Comments containing personal attacks, insults or threats will not be posted.
5. Comments not related to matters of personal finance, budgeting, credit counseling, housing counseling, bankruptcy and other related financial issues will not be posted.
6. Anyone who posts using another person’s identity will be barred from posting in the future.