Credit counseling gets you back on track

When you are trying to get credit help for your unsecured debt, you'll often turn to a credit counseling service. These firms help you with credit card debt that has spiraled out of control, and they can help advise you on setting up a workable budget.

Are you behind on student loans? Your automobile or truck payment late? Medical bills unpaid? Is the electric company about to turn out the lights?

It could be that you are needing the valued services on a good credit counseling service. We've written about this on our main web site: http://www.findhow2.com .

We urge you to visit that site and learn how you can get the help you need to get out of debt and fix your credit report. Sometimes you simply can't get it done yourself. We understand, so quit beating yourself up. Just start the process of learning what to do next and getting the credit help you need.

The main things a good credit counseling service can offer is the advice on managing money and keeping up with paying your debts. You might even have access to free or low-cost classes on managing your money. This could be the best thing you can take away from credit counseling, and will enable you to deal with similar financial difficulties in the future.

Can Bankruptcy Boost Your Credit Score?

Here's a unique twist on credit scores found at SmartMoney.com:

"The decision of whether to file for bankruptcy protection is
not an easy one. Among the numerous concerns, one that is
typically front and center is the worry that your credit rating
will be so damaged that securing a loan — even at a lousy rate
— will be darn near impossible. "

True. Their editors have hit the credit score problem squarely on the head. We've been preaching that one needs to carefully protect their credit rating for years on this blog. But the following caught us by surprise, and we'd like to share this with our readers:

"But here's some surprising news: In many cases, the damage done
to one's credit score isn't nearly as bad as expected. Over the
long run, obtaining a score high enough to make you eligible
for very competitive rates isn't out of the question. "

That's good news when it comes to bad credit might not be ALL bad! You can read more of this interesting article at:

http://www.smartmoney.com/debt/advice/index.cfm?story=boostscore