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25 - Dealing with Debt
Manage episode 346025173 series 3000580
To deal with record inflation, many Americans are making ends meet by piling up record amounts of credit card debt. A trained credit counselor can help you pay down that debt, even if it seems insurmountable, and learn how to have a successful financial future.
In this episode, you’ll hear a real-life success story. Cara, who lives near Boston, was drowning in credit card debt five years ago. Today she is debt-free and has good credit.
We’ll also talk to Bruce McClary, a senior vice president at the National Foundation for Credit Counseling, a nonprofit dedicated to helping people deal with debt and better manage their finances. Find out how the counseling process works, and why some of the advice provided by for-profit debt relief companies can make your situation worse.
Additional Resources:
To find a nonprofit credit counseling agency, visit the National Foundation for Credit Counseling or call 800-388-2227.
--- Support this podcast: https://podcasters.spotify.com/pod/show/consumerpedia/support71 episodes
Manage episode 346025173 series 3000580
To deal with record inflation, many Americans are making ends meet by piling up record amounts of credit card debt. A trained credit counselor can help you pay down that debt, even if it seems insurmountable, and learn how to have a successful financial future.
In this episode, you’ll hear a real-life success story. Cara, who lives near Boston, was drowning in credit card debt five years ago. Today she is debt-free and has good credit.
We’ll also talk to Bruce McClary, a senior vice president at the National Foundation for Credit Counseling, a nonprofit dedicated to helping people deal with debt and better manage their finances. Find out how the counseling process works, and why some of the advice provided by for-profit debt relief companies can make your situation worse.
Additional Resources:
To find a nonprofit credit counseling agency, visit the National Foundation for Credit Counseling or call 800-388-2227.
--- Support this podcast: https://podcasters.spotify.com/pod/show/consumerpedia/support71 episodes
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