With consumer debt apparently rising to 20 percent of household incomes, it’s not wonder there’s so many of us seeking assistance with learning how to fix our financial woes.
A close friend of mine recently found herself in severe financial trouble, her credit card and student loan payments falling seriously behind. I advised her to contact a nonprofit consumer credit counseling service, and she located Money Management International, an agency which has essentially turned her life around.
The beauty of nonprofit agencies is inherent in their title; their intent is not to profit from your misfortune. Therefore, nonprofit consumer credit counseling services like MMI will sincerely aid you in setting afloat your financial shipwreck without pinching you for all the money you’ll be saving by utilizing their services. That’s not to say that all for-profit agencies are evil or anything; I simply feel more secure knowing that my financial well-being is not tied in with that of the agent that is supposed to be assisting me.(Thanks to the Bankruptcy blog for providing the link to the consumer debt news article.) more...
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