Beware Credit Counseling Scams!

With so many Americans currently out of work, falling behind on their bills, and losing their homes the demand for help has never been greater. But that desperation brings out the low-lifes who prey on innocent victims. Like a shark that smells blood, credit counseling scammers come out of the woodwork to prey on desperate families. Don't be one of them! Companies that require fees and money, sometimes thousands of dollars up front to help you through your financial crisis are SCAMMERS! If you had the money you wouldn't be struggling!

The Consumer Credit Counseling Service is a nationwide, non-profit service that offers FREE assistance. They can contact your creditors on your behalf and negotiate better rates, better terms, and possibly restructure loans, depending on the circumstances. You need to contact the main number to make an appointment with your local office. Appointments can be by phone or in person, but they really can help! I know people who have used the service. One person had the interest rates for two of her credit card accounts reduced from 26% & 27% to 6% & 7% respectively.

Another was able to consolidate all of her debt into one low-interest loan, received debt counseling (for free), and has worked out a payment plan to eliminate all the debt. Their phone lines are open 24 hours a day. Just be prepared to hold because demand for help is overwhelming. Trust me when I tell you the call is worth the wait! Their website is http://www.nfcc.org/ or you can call 800-388-2227.