How to Choose a Consumer Credit Counseling Agency?

FinanceMortgage & Debt

  • Author Ray Ethell
  • Published January 14, 2023
  • Word count 450

There are numerous people struggling with debts and are unable to consolidate these debts into a home loan or an unsecured loan and are looking for help to come out of this mess. If you are the one who is seeking help, then you must consider taking help from consumer credit counseling agency. They have plenty of people who are willing to discuss about your debt problem and helping you to solve it without facing any further problem. But, due to so many agencies open round it became difficult to choose the right and helpful agency. That is why, here we try to explore few possible steps that help you to avoid the cheats and select the right counseling form for you.

Helpful Advice That Helps In Selecting The Right Counseling Agency

Look For A Non-Profit Agency

Selecting the non profit agency is the right choice at it helps in minimizing the cost of getting the credit counseling service. There are lots of non profit counseling agencies available that can provide you the needed assistance. But be careful while selecting the agency because some of them are holding non profit agency status has not legitimacy and there is possibility that they charge high fee that burden your pocket. There are numbers of legal non–profit agencies available that charges the nominal fee to give you the advice and necessary assistance.

Select The Agency With A Long History

Looking for agency having long history will give you assurance that it is legitimate and won’t go anywhere in between of your debt management plan. So try to find the agency that is working from at least 5 to 10 years and have the record to help many people.

Seek An Accredited Agency

Your selected agency should be accredited by the Financial Counselling Australia (FCA) is the peak body for financial counsellors in Australia.

Make Sure Agency Have Certified Counselors

Try to make sure that the counselors of the agency are professionals and have been certified by an independent organization. Checking about the counselors is important in order to make sure that you are working with a person who knows how to handle bad debts.

Things To Remember

Remember that you are going to provide your personal financial information to the counseling agency. So, it is your duty to check out the legality and reputation of the agency before taking any decision.

Speak to the National Debt Helpline

Call the National Debt Helpline on 1800 007 007. Their professional financial counsellors provide free and confidential advice. The helpline is open from 9:30 am to 4:30 pm, Monday to Friday.

You can also visit the National Debt Helpline website. It has step-by-step guides explaining how to fix common debt problems.

Ray Ethell offers a wealth of experience to his clients, gained from 20 years in the Finance industry, and prides himself on providing reliable customer focused service. Non Conforming Loans specialise in non bank lending solutions.


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