| July 1, 2009

Stacy Johnson begins his debt series by taking a look at Credit Counseling. It’s tonight’s money talks.

Like so many laid-off Americans, Francine Adams is trying to cook up a new career. After losing her job as a systems engineer, she’s now trying to make it on her own with a line natural skin care products she created and makes herself.

But what she couldn’t do herself was get any cooperation from her credit card companies. She did the right thing: called them, told them she’d been laid off and asked for lower payments. No dice.

“It was very disappointing for me to find out that some of my creditors didn’t want to cooperate with someone that was trying to maintain a good relationship and preserve their credit. ”

But Francine didn’t give up: she found a non-profit credit counseling organization.

Credit counseling organizations can typically get clients one payment that’s lower than all their payments put together. Interest rates are typically lowered to around 9 or 10 % depending on who their creditors are and it typically gets people out of debt in 4 to 4 and a half years.

For Francine, it was just what she needed. “My minimums totaled, actually, up to about $700 a month. And now with Consolidated Credit I’m consistently paying $420 a month and that includes their fee.”

These programs typically take about 4 years to complete. The cost varies, but it’s normally less than 50 bucks a month. It’s not for everyone: you need to have sufficient income to pay off your debts. If you don’t, bankruptcy is the better choice. But for people like Francine, it’s time and money well-spent.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership and counseling services. Industry professionals who adopt these standards can be trusted to provide consistent, high quality advice.
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Consolidated Credit Consulting Services, Inc. has been verified as the owner or operator of the Web site located at www.consolidatedcredit.org. Official records confirm Consolidated Credit Consulting Services, Inc. as a valid business. Call us today and see what we can do for you.

Consolidated Credit is a Certified ISO 9001 company, as verified through Bureau Veritas Certification.

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Consolidated Credit is proud to be an ANAB accredited member. Accreditation by a recognized and respected body such as ANAB ensures the impartiality and competence of our company. To see what we can do for you, give us a call.

U.S. Department of Housing and Urban Development - HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. Consolidated Credit is proud to be a member of HUD and also part of the Hope Now Alliance.

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