http://www.debt-management-services.biz/credit-counseling/credit-counseling-agency/ Credit counseling agency - with one on your side, you can soon enjoy all the luxuries of completely debt-free living! Join a credit counseling agency and breathe easy again. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 A little credit counseling agency quiz Question: When do you know you're in need of credit counseling? Answer: When you feel that you can no longer manage your debts. If you are juggling multiple bills, are borrowing more than you're making, or if you're only making minimum payments on every credit card, you would likely benefit from a credit counseling agency. How a credit counseling agency works Here's how it works. Often a credit counseling agency will work out a Debt Repayment Plan for you, which often entails having you agree to not use or apply for any new credit while you're participating in the plan. The credit counseling agency will then require that you submit your credit payments in a regular and timely manner and will expect you to work with them during the entire span of the payment plan. For these credit counseling services you will either be charged a monthly fee, a set fee or will not be asked for money at all. It makes sense to research different credit counseling agencies, as some are non-profit and simply work from a goodwill philosophy or ask for donations. Last credit counseling agency facts One last fact: when you use a credit counseling agency to pay back your debts, your credit history does not get erased. Under the Fair Credit Reporting Act, your account information can stay on your credit report for up to seven years. Despite this, going through a credit counseling agency is a beneficial move for your credit and will put you on the path to healthy finances once and for all. Because one of the positive things a credit card credit counseling service can do is send a powerful message to your creditors. A message of accountability. This could impact your future financial empire in a very positive way! Sat, 26 Jul 2008 15:00:00 EDT