Choose Your Houston Credit Counseling Agency Carefully

If you are struggling with your finances and debts, the situation can feel hopeless. Even though it can feel as if there is nowhere to turn, you actually do have resources at your disposal, regardless of how futile the situation can feel. There are many agencies that offer consumer credit counseling in Houston who you can talk to. The major question is whether they are worth speaking with. Many agencies are only out to get your cash and offer minimal assistance. How can you avoid being ripped off? 1. Talk to organizations you can trust. Universities, military bases, credit unions, and other local agencies often offer free consumer credit counseling in the Houston area. Many large companies also offer credit counseling or may offer referrals to reputable credit counseling agencies. Generally they don’t offer debt management programs, but they do offer many other services which may be helpful. Such services include, but may not be limited to, budget planning and counseling to determine whether an actual credit counseling program may be more beneficial to you so that your needs are met. 2. Talk to friends or family. Many, many people have been affected by consumer credit problems in Houston and elsewhere. Chances are, someone you know has already used consumer credit counseling in Houston. Many people are reluctant to discuss their financial issues, but if they know that you are facing similar struggles, they generally are more willing to open up and talk about their experiences. It never hurts to ask around! 3. Look for nonprofits or agencies who have been in the business for a long time. If you use a nonprofit agency instead of a for-profit agency, you will usually pay fewer fees. However, just because an agency is a non-profit does not mean that it is legitimate. Like any organization, some credit counseling nonprofits are better than other credit counseling nonprofits. Therefore, it is safest to go with the agencies who have been in business the longest. Generally, length of time in the industry creates knowledgeable businesses and reflects well on the legitimacy of the business. 4. Find an agency that is accredited. Make sure that the agency is a member of at least one accreditation organization, and that it is in good standing. Keep in mind again that just like non-profit status, membership or proof of accreditation is generally a good thing; however it does not guarantee that the agency is a quality agency.