The National Foundation for Credit Counseling
Jan 31st, 2010 by Jesse Hartman
From a recent Suze Orman Q&A in the January 2010 issue of The Costco Connection
My sister and I have a lot of problems with credit-card debt. We are considering debt consiolidation. What steps do you recomend we take?
Contact The National Foundation for Credit Counseling (www.nfcc.org; 1-800-388-2227). This nonprofit organization will connect you with a local counselor who will work with you to develop a strategy for dealing with your debt. Avoid the come-ons from firms that promise to take care of your problem. The debt-consolidation industry is full of bad eggs who will take your money, but won’t solve a thing, and can even make matters worse. Stick with the NFCC; they are honest and trustworthy.
