It’s tempting to pay off all those credit card debts with a new loan, then make just one monthly payment. Most consumers who use bill consolidation or take out debt consolidation loans end up throwing good money after bad.They usually build an even more towering mountain of debt in just a few years because they didn’t change their spending habits.
In all cases, the consolidation just covers up a problem.It doesn’t give consumers the resources they need so that they don’t have to rely on credit and can begin to build a healthy financial future. For example, when consumers get on a longer repayment schedule, they end up paying more over time, even if the interest is lowered some too.ACCC's consolidated credit counseling services are available wherever you are, from Florida to Alaska.We have a Certificate of Authority to do business in each of the 50 states and the District of Columbia, plus licenses in the 32 states that require them.Our student loan counselors will review your entire financial profile, including your federal student loans, and work with you to find an affordable solution. Justice Department’s EOUST to offer the educational courses that consumers need in order to file and complete a bankruptcy petition.
Many seniors are looking to reverse mortgages to help them through their golden years. Before filing, consumers must first complete the pre-filing course and must complete the post-filing debtor education course to get a certificate.The consolidated credit counseling services American Consumer Credit Counseling (ACCC) offers will guide you on your journey to becoming debt free.The key to our success is that we help our clients change their spending behaviors.Bill consolidation is the process of combining multiple credit accounts into one loan.It provides the convenience of requiring just one monthly payment of the borrower.Our clients see average interest rate reductions of 64%, reducing their monthly payments by around 25%.