CREDIT COUNSELING

Credit counseling is a service that is typically offered by a Credit Counseling Agency (CCA). The agency provides financial literacy and also analyzes a consumer’s debt and spending habits and provides a plan to work out an achievable budget and debt repayment plan with creditors. By requesting that creditors accept a longer pay-off period, the counseling service can often design a successful repayment plan called a Debt Management Plan (DMP). With the help of a Credit Counseling Agency (CCA), new terms are agreed upon to satisfy the outstanding debt. Generally the entire balance is paid back; however the payments and/or interest rates are reduced. Most organizations that provide this service are nonprofit organizations.

Coastal can do the legwork for you and save you time and money. Most of our services are FREE and you are under no obligation to accept offers that are suggested to you. Our network of Credit Counseling Agencies consist of some of the most reputable names in the industry. Call our Credit Advisors right now at 866-205-8370 or fill out the short form and we will get you on the path to financial freedom. If Credit Counseling is the MOST appropriate option and you choose to do it yourself, we suggest you…

1. Check out the company with the Better Business Bureau. Make sure that the company has resolved any complaints that have been filed.
   
   
2. Make sure you understand the fee structure and the services that are being offered.
   
   
3. Make sure that you're being offering a Debt Management Plan and not Debt Settlement or Negotiation.
   
   
4. Ask them if they provide free educational services.
   
   
5. Ask if their counselors are certified.
   
   
6. Make sure that your information is kept safe and confidential.

CREDIT COUNSELING