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Selecting the Right Credit Counseling Service in California

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Selecting the Right Credit Counseling Service in California

Debt can feel overwhelming at times. For some people it can feel like their debt is inescapable because they don’t know about the debt relief options that are available to them. Finding out what options are available to you is an important step in the path to freedom from debt. There is one powerful tool available to consumers who live in California credit counseling.

In California credit counseling can be the final option if other options are not available to you or do not work. They generally help create a plan for paying off your debt and staying out of further debt. These financial experts may also be able to help create a savings plan for the future, and can even help with debt consolidation. With this option, the advisor helps you to apply for a debt consolidation loan for the amount that you owe; this money is used to pay off your creditors. This can relieve a great deal of stress by giving you only one loan payment each month, instead of multiple credit card bills.

Finding the right California credit counseling service is important. You want to find a company or non-profit agency that has a good reputation with both consumers and creditors. Because a California credit counseling service needs to work so closely with creditors, it is important to find a service that is respected by both credit card companies and banks.

To find a well respected service, the United States Department of Justice maintains a list of approved credit counseling services for each state. To access this information, go to http://www.justice.gov/ust/eo/bapcpa/ccde/cc_approved.htm, select California, and a list of California credit counseling service will appear. Using this list, you can find an agency in your area that offers the services you need. If you prefer meeting face to face with the credit counselor, choose one of the agencies that offers this service.

Contact several of the agencies to get a good idea about what they can offer you. Ask questions that pertain to your credit situation to determine which company offers the best solutions for your individual credit situation. Once you have determined which company offers the best services, you can begin the process of managing your credit situation.

Choosing the right option, whether it is debt relief consolidation, financial counseling or strict budgeting, is important to ensuring that you are on the right financial path. The credit counseling service that you choose will help you to make this choice. The sooner you make your decision, the sooner you will work your way out of debt.

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