
CREDIT COUNSELLING – Personalized process to support you with debt settlement through education,
budgeting and the use of a variety of tools with the goal to reduce and ultimately eliminate debt.
You see credit counsellors advertised everywhere – internet, TV, press, radio, etc. These companies are highly funded and set up as a last-ditch effort to recover as much money from delinquent creditors as possible. The repayment is 100% of the debt plus an administration fee. Some of these credit counselling programs are not-for-profit while others are for profit. Either way, it is not free.
However, there is a place for these companies as a debt solution, and if you owe less than $15,000, then it is certainly something to look into. They typically offer a free consultation and usually run a budget for you.
Contact Blue Fox Financial to find out more and see if this option is right for you.