How to Choose a Government Credit Counselor
- 1). Obtain a list of government-approved credit counselors from the justice department website. (See Resources.) Click on your state in the drop down menu to obtain state specific listings.
- 2). Schedule an interview with each of the credit counselors you are considering. The Federal Trade Commission recommends you seek a credit counselor who offers risk-free information about services. You should not be obligated to provide your personal information in order to obtain information about the credit counselor.
- 3). Prepare for your interviews. The Federal Trade Commission provides advice on key questions you need answered. Ask about the types of services offered. Ask if budget counseling and savings and debt management classes are available. Ask for free educational materials. Find out if the credit counselor will work with you regarding both your immediate concerns and future planning. Ask for an official written free quote and find out if fee waivers are available. Determine the credit counselor's credentials, including accreditation and certifications. Verify the credit counselor's policy regarding confidentiality.
- 4). Choose the credit counselor who provides acceptable answers to your interview questions. Remember not to sign any documents without carefully reading them first. Require all of your expectations to be included in the written agreement.
