The fields of consumer credit, money and debt management, and budgeting are covered by counsellors who have received specialized training. Counsellors meet with you to review your financial status and assist you in developing a specific strategy to address your financial difficulties.
Credit counselling aims to get you out of debt by using a combination of budgeting and financial advice, debt consolidation loans, negotiating with your creditors, and other strategies. Its goal is to get you out of debt and
Many alternatives for managing and paying down your obligations.
The financial markets are continuously evolving due to technological advancements and the introduction of new and more sophisticated financial products. The range of financial products available today is vastly different from what was available in the past, and decisions about these financial products have consequences for the individual. Their conclusions about financial products affect individuals’ well-being, ranging from student loans to mortgages, credit cards, mutual funds, and annuities.
Suppose you are experiencing financial troubles as a result of unsecured debt issues. In that case, financial counsellors have trusted specialists who will work with you to analyze your financial condition and give debt advice to assist you in determining the most appropriate course of action.
Licensed financial counsellors are well-versed in a wide range of consumer law and policy issues, including rules governing credit, debt collection methods, and government incentives that may be available.