Free Debt Advice That Can Really Help

There is an old adage that free debt advice is worth exactly what you pay for it. This may be true in some cases, but if you need advice on your debts, you can get free advice on your debts that will be useful and useful.

Local Colleges and Community Colleges

Many of these colleges have departments of economics or accounting where you could get free advice. In fact, if there is a community college in your area, you may discover that it offers a free personal money management course.

Free legal advice

You can find free legal advice in almost every city. Where I live is the Legal Aid Foundation, a free family law hotline and legal corner, which also offers free legal advice. You can find the Legal Aid Foundation in almost every city of every size, making it an excellent source of debt advice.

Problems with a collection agent?

If a debt collector constantly calls or harasses you or calls you to work, you can send the collection agency a "Stop and Quit" letter. You must send it by registered mail with acknowledgment of receipt so that you have proof that you have posted the letter and that the agency has received it. If he does not stop harassing you, you can go to your state Attorney General's office for advice and help with debt.

Go online

There are excellent resources available on the internet for debt counseling. One of the best is Money Management International. It's a non-profit organization that will help you create a personal debt management plan, show you how to reduce your expenses and manage your finances to help get your life back on track. Money Management International has been helping families since 1958 and could most likely help you.

Family Credit Management is another online source of free debt advice. Like Money Management International, this organization is a non-profit credit counseling agency that offers free help. He can provide advice on debt and mortgage issues or even help you with a household expense plan and you can use his services anonymously if you wish.

Your bank or credit union

Many banks and credit unions have personal bankers or customer service representatives who might be able to provide free debt advice. If you have a good relationship with your bank or credit union (that is, you've been a customer for a year or more), call them and ask them if they offer management advice. personal money. You might be pleasantly surprised by his answer.

Your local library

Access your local library and browse its catalog on the theme of managing your personal money. You will inevitably find a multitude of books to choose from. They are all free to consult and read. If available, be sure to have Dave Ramsey's book on Total Money Makeover. Not only does it provide good debt advice, it even contains spreadsheets and forms that may be useful to you.