Finance: Credit Counseling Questions.

Credit Counseling Questions.

Written by David Wilding

Continued from page 1
won’’t do you much good. To protect yourself, ask for a list (in writing) of any of your creditors they have worked with in repparttar

past. Will my creditors be paid on time each month? Two things come into play here. What are repparttar 112088

due dates of each creditor and when during repparttar 112089

month do you get paid? Nothing defeats repparttar 112090

purpose faster than paying a creditor late, after you have set up a new payment schedule. Some credit counseling services use a set date each month to make payments from repparttar 112091

money you have given them. If they don’’t have your creditors change repparttar 112092

due date you could be socked with late fees each month. Find a service that adjusts repparttar 112093

due dates of your bills to work around repparttar 112094

days you get paid. How do I pay you each month? The credit counselor can’’t pay your creditors until you pay them each month. Will they remove money, each month, from your account with an electronic transfer or are you required to send them a guaranteed check or money order? You want to make it as easy as possible for this plan to work. Look for a service that will withdraw funds from your account automatically each month. When and how often will I get statements of my accounts? Just because you have turned over a portion of your financial life to someone else to run, does not mean you don’’t need to keep track of what is going on. Your statements should break down your payments so you can see where repparttar 112095

money is going. How much is going to interest, how much to repparttar 112096

principal balances, and how much is being paid to repparttar 112097

credit counseling service. Who can I call? When you have a problem or question can you speak with someone on repparttar 112098

phone? Are you able to speak to repparttar 112099

same counselor each time? If not, how long does it take to return phone calls? Do this up front. Make sure you can live with repparttar 112100

answers you receive. Then test repparttar 112101

service to see if they live up to what they have said. Check their service out before you sign on repparttar 112102

bottom line. If you find that you can’’t get questions answered or telephone calls returned look for another service. Going through credit counseling is stressful enough without any added problems. These questions will give you a good idea what kind of service you have found. There are other questions you may ask. If you think of any do not hesitate to ask and don’’t stop asking until you get repparttar 112103

answers you need. It is your money.

David Wilding has for the past ten year worked with groups and individuals to rid themselves of debt. Visit his website http://www.debtattack.com for ideas, tools, and strategies to live debt free.

Any time Is A Good Time To Make Financial Resolutions

Written by David Wilding

Continued from page 1

Pay close attention to checks and charges for restaurants and fast food chains. Look at repparttar amount and frequency of payments to convenience stores. Examine closely repparttar 112087 spending on your home and your closet.

Using this information you become aware of your weaknesses and where they occur. You are now better equipped to overcome them. You need to make conscious decisions to stay away from repparttar 112088 places where you overspend. If you don't go there you won't be tempted to waste your resources and place your financial life in peril.

Now, armed with these bits of information you can boldly and successfully make resolutions. Remember, changing your behavior is how you will keep these resolutions. If you fail, and you will, just climb right back on repparttar 112089 resolution wagon. Dogged repetition will help you succeed. Check how you are doing on a monthly basis. Make any adjustments needed.

Putting your financial house in order and becoming debt free is a process before it is an event.

David Wilding has for the past ten years wored woith groups and individuals to rid their lives of debt. Visit his website http://www.debtattack.com for ideas, tools, and strategies for becoming debt free.

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