National Debt Relief Applauds Pima County Efforts to Provide a Debt Management Workshop, Releases Their Own Article About the Same Debt Solution
Philadelphia, PA (PRWEB) July 24, 2013 -- National Debt Relief expressed their support to the Pima County debt management workshop by releasing an article dedicated to the same debt solution.
According to the July 12 Arizona Daily Star article, the free debt management class will happen at the Pima County Housing Center on July 17, 2013 from 5 to 6 pm. The workshop is entitled “Taking Control of Your Debt,” and it aims to provide consumers with strategies that will help them control their finances and make smarter spending decisions.
National Debt Relief is happy that this particular local government is taking the initiative to provide residents with the fighting chance to survive their debts. They sincerely wish that others will follow suit. The debt relief company, recently hailed as the best debt relief company by TopTenReviews.com, is a strong advocate of debt relief education. The company believes in the power of education in equipping consumers so they are not disabled by their growing debt.
As a sign of support, the BBB (Better Business Bureau) accredited company released their own article entitled “What You Need To Know About Debt Management,” on July 15.
The article begins by explaining what the debt solution is all about. Debt management begins with credit counseling that involves looking at their debt situation and being advised by a credit counselor about the best debt relief program that the consumer should pursue. The article states that the consumer will be referred to a debt management program if they have a steady income and only needs to restructure their debts. If they need a debt reduction, the article claims that they should not opt for this debt solution.
National Debt Relief then discusses how consumers can benefit from the presence of debt or credit counselors. The article enumerates the following tasks that the counselor will do for the consumer.
1. Help in identifying the debts that can be enrolled.
2. Provide guidance in creating a budget plan and debt management plan.
3. Present the debt management plan to creditors that contains the low payment proposal of the consumer. The article clarifies that this is possible because the consumer lengthened the payment term. There is no debt reduction.
4. Negotiate for a lower interest rate and waiving of other penalties and fees.
5. Manage the debt payment distribution to different creditors so the consumer only has to send one monthly payment to the counselor.
6. Educate the consumer on proper financial management to keep them from debt.
The article also cautions readers about choosing the right credit counselor/debt management company to represent and handle their debts. They are advised to seek out legitimate companies through reputable organization like the NFCC (National Foundation for Credit Counseling) or the AICCCA (Association of Independent Consumer Credit Counseling Agencies).
On the last part of the article, National Debt Relief pitted debt consolidation loan against debt management to help consumers find which one is the perfect program for their unique financial needs.
To read the similarities and differences between the two and the whole article, visit National Debt Relief.
Paul Ritz, National Debt Relief, http://www.nationaldebtrelief.com/, 1-888-703-4948, [email protected]
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