Pittsburgh, PA (PRWEB) August 22, 2012
The reputable Non-Profit consumer credit counseling agency, Advantage Credit Counseling Service, is happy to announce the expansion of their expert credit counseling and debt management services to all of the consumers located in the state of Maine. Free credit counseling is available through Advantage CCS to help consumers who are struggling with debt by educating them to make sure that they are aware of their debt relief options. According to a recent study, 1 in 6 households in the United States is having major difficulty in paying back their debts and they’re only making minimum payments on their unsecured credit card bills each month. With statistics like that, it is important for people to know about non-profit credit counseling agencies and their full list of services available to the consumers.
Adult consumers who fall within the 18-24 age groups have been greatly affected by the personal debt problem in the US. 1 in 5 people in this particular age range has had an enormous amount of trouble with paying their debts back that they have experienced a true debt hardship. A debt hardship refers to a time period in which a person does not make enough income to cover all of their necessary expenses and debt payments. Many young consumers in this situation find themselves missing multiple monthly payments and having late fees, over-the-limit fees, and other penalties assessed on their accounts, which only makes the situation worse.
Certified credit counselors, during a free credit counseling session, will typically suggest that the consumer avoid carrying an unpaid balance on any future credit card they might sign up for. Unpaid balances also negatively impact one of the components of a credit score calculation, the debt-to-income ratio. Despite these readily available facts, more than half of all consumers have carried an unpaid balance at some point in the past year. This is where Advantage CCS’s credit counseling session would be very valuable to the consumer, because they will learn about the wise use of credit and how to set up a realistic budget.
Consumers who are struggling with debt should understand that they are not alone. With the prevalence of debt hardship in the United States, Advantage CCS offers consumers free advice through credit counseling and they work with you to help you move toward a debt-free lifestyle. Advantage Credit Counseling Service is now able to provide these same expert services to anyone living in the state of Maine.
Credit counseling and debt management services allow consumers to work with a certified counselor to educate the individual on how to manage a realistic budget and have enough money left over after necessities have been paid to make monthly debt payments. Client Service representatives within the non-profit agencies work with the credit card companies to discuss modified payment plans that work for the debtor. These proposals that are sent out to the creditors must be approved by both the debtor and the creditor before the consumer can be accepted onto a debt management program.
About Advantage Credit Counseling Service, Inc. -
Since 1968, Advantage Credit Counseling Service, Inc. has been educating and counseling consumers about budgeting, money management, and the wise use of credit. Advantage’s services help to financially empower consumers and help to better their lives. ACCS has six locations in Western and Central Pennsylvania. The Agency offers financial education classes, credit counseling, housing counseling, and bankruptcy counseling/education. For more info on additional services, class schedules, and states serviced please visit http://www.advantageccs.org or call 1-866-699-2227.