Debt Negotiation: Solving Your Debt Problem

Credit Counsellors are a dime a dozen in today’s world. But amidst the haystack of substandard counsellors how do you find the needle, the virtual diamond-in-the-rough? There are 7 basic questions you should ask your counsellor before making a decision about going ahead and confirming that you are indeed with a counsellor who is right for you.

7-what is your fee?

» This is an important question because fee is a big factor when it comes to making a decision. You should be aware of the possibility of any hidden, additional charges thatmight be a strain on your pocket.

6-Do you provide any free information?

» This is essential because it is encouraged to find out about the process before making a fully informed decision about it.

5-what about people who cannot afford your services?

» Most of counselling companies are not for profit organisations. However, Counsellors who do not offer a specialized set of services for a low income group may not be able to help you should you fall into that category.

4-what about a contract?

» Make sure any deal struck up with the counsellor has been put down on so you are protected from liabilities.

3- Are they licensed?

» Although most places are licensed to give counsel in all 50 states, check for proof before you decide on that company as your counsellor.

2- What about long term finances?

» Different companies have different rules on services offered once you are back on track. Check with your counsellor before making a decision about the counsellor.

1-what are your privacy policies?

» Ensure that your information is not distributed and misused.