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25 - Dealing with Debt

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Content provided by Consumers' Checkbook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Consumers' Checkbook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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/support
  continue reading

71 episodes

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25 - Dealing with Debt

Consumerpedia

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Manage episode 346025173 series 3000580
Content provided by Consumers' Checkbook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Consumers' Checkbook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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/support
  continue reading

71 episodes

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