Credit repair is a term used to describe the process of restoring your credit rating. You can hire a credit repair company to do the legwork for you or repair your credit on your own. You could also ...

Getting out of debt can be overwhelming, especially when you don’t know where to start or what advice to follow. A nonprofit credit counseling agency can help you develop a strategy to improve your ...

The idea of “credit counseling” tends to evoke negative emotions and stress. After all, if you’re receiving counseling about your finances, you might think that the fewer people who know about it, the ...

NEW YORK — The reputation of the credit counseling industry has been badly battered in recent months. First, the National Consumer Law Center and the Consumer Federation of America issued a report ...

Many Americans—about half—carry credit card debt from month to month, and about 53 percent of them have been in debt for more than a year, according to a survey by Bankrate.com. Households with credit ...

If you're struggling with high amounts of debt and are unable to get the issue under control, the promises made by debt management companies — items like "reduce your payments," "consolidate your debt ...

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After an initial evaluation, a counselor will advise you on the best course of action to tackle your debt, whether you need general personal finance advice, bankruptcy counseling or something else.