Tag Archives: credit counseling

Payday Loans, Structured Settlements & Other Dangers

We recognize that there are times in almost everybody’s life when cash is low. You get worried because you have bills to pay and you need to put food on the table and it seems like you have very few options.

paying down bills safely

this won’t pay your bills either

There’s a business out on the market that’s known as payday loans. These are loans that some financial institutions will give you when you’re waiting on your next paycheck but you need some cash now. The loans can be as little as $20 and the skies the limit on the other end. On the surface this might sound like a good investment in a way to get yourself out of danger, but it’s not.
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Let’s Talk Consumer Credit Counseling

A few years ago we touched upon the topic of problems paying bills. In that article we briefly mentioned Consumer Credit Counseling. That’s because it’s a free service, for the most part, that helps people set up payment arrangements to get rid of a lot of debt and takes a small percentage of it to help cover their costs so they can continue providing services for others.

consumer credit counseling
1820796 via Pixabay

They’re the best known but there are other companies that can help you with this same type of thing. While accountants like us can help you set up a budget and help you manage your money, these companies have one specific goal, which is to help get you out of debt and keep you from adding onto it.
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