In the past few years, the decline in the economy has had a tremendous impact on many people. Today, more people are finding it difficult to make ends meet. They are living from paycheck to paycheck and having to deal with managing a lot of debt. When in such financial difficulties, one place many people turn to for help is pacific national funding.
Credit counseling agencies are agencies that work with clients to find practical solutions to their financial problems. They provide workable debt relief solutions such as creating manageable budgets, providing financial education and money management strategies, and helping people to find ways to repay their outstanding debt, such as credit card debt, overdue utility bills and cable bills, and more.
Debt Consolidation Plan
When it comes to credit counseling, a credit counselor can help you implement a debt consolidation plan. So what is a debt consolidation plan? This type of debt management plan involves a credit counselor negotiating a repayment plan with all of your creditors. This will include a monthly repayment amount that has a lower interest rate.
You will send your payments to the credit counselor, and they will distribute the payments to …