Credit Counseling

Credit Counseling will eliminate large, unsecured debt. Credit Counselors make deals with creditors to lower the interest you pay on your debt, and in theory, cut down the time it takes you to pay back your debt.

However, choosing the credit counseling route also means that you are obligated to pay 100 percent of what you owe. Credit Counseling is beneficial for people who have good credit and are able to pay back every dollar, including interest on what they owe. It is not a useful tool for people who have large, long-term bills and can no longer pay their entire monthly credit card bill.

Although, most credit counseling organizations are so-called non-profits, they still charge large fees. In addition to paying your credit card bill you will also be required to pay them. Credit Counseling will also damage your credit rating because lenders view it similarly to how they do filing bankruptcy.

There is a better way to get rid of your debt in a more timely fashion, drastically decrease the amount of your monthly credit card bill and save a lot of money in the far term.
Turning Point Debt Settlement offers a broad approach to resolving debt through negotiation with creditors. Once we have started negotiating on behalf of our clients, banks remove all of the interest from their monthly credit card bill and it permanently stays off.
Typically, lenders agree to accept less than half of what our clients owe, which is also superior to what Credit Counselors have to offer. Also, debt settlement is never seen on your credit report.

To learn more about what Turning Point Debt Settlement has to offer, read about our Debt Settlement Program.