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Best Credit Counseling Services for December 2024

The article from Investopedia discusses the importance of credit counseling services in helping individuals manage their finances, particularly those struggling with debt. It highlights that credit counseling agencies offer various services like budget planning, debt management plans, and financial education. The piece lists some of the best credit counseling services available, including Money Management International (MMI), GreenPath Financial Wellness, and American Consumer Credit Counseling (ACCC), among others. These organizations are noted for their non-profit status, accreditation by the National Foundation for Credit Counseling (NFCC), and their ability to negotiate lower interest rates or waive fees with creditors. The article also emphasizes the importance of choosing a reputable agency, as there are for-profit entities that might not have the consumer's best interest at heart. It advises looking for services that provide free or low-cost counseling, transparency in fees, and educational resources to empower consumers to make better financial decisions.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/the-best-credit-counseling-services-8765076 ]