Worried about debt collectors? Cant seem to develop a workable budget, let alone save money for retirement? If this sounds familiar, you may want to consider the services of a credit counselor.
Find the right credit counselor for you. Many credit counseling organizations are nonprofit and work with you to solve your financial problems. But beware - just because an organization says it is nonprofit does not guarantee that its services are free or affordable or that its services are legitimate. Before you work with a counseling service, make sure it is licensed by contacting the Maryland Commissioner of Financial Regulation.
Having trouble making payments? Act immediately, dont wait until you are about to be sent to collections. Try contacting your creditors to let them know that you are going to have trouble making the payments. Some creditors will work with you to try to make a more manageable payment schedule.