To discuss your needs, our debt management and credit counselors are available: ACCC is here to help and provide you with the best debt solutions for you and your situation. If the Debt Management Program is your best option, we will provide you with the complete program and details.Īt the end of the counseling session, you will feel good knowing that there are options available and that you are not alone. Provide personalized options based on your goals.Provide you with a detailed review of your income, assets, and expenses.Help you evaluate your current financial situation.When you contact our counseling agency, a professionally trained debt counselor will: A debt consolidation loan may seem like the only option, but when you contact ACCC’s counseling center, we will help you determine the best way to approach your situation and provide you with the best credit counseling service options possible. That’s why a consumer credit counseling service is different than simply taking out a consolidation loan.
Individuals facing financial difficulties experience very different situations. The pandemic showed a slowdown but as life is kicking back to normal credit card debts are seemingly picking up again.ĭebt programs at ACCC can help Americans struggling to pay off credit card debt. Over the years, credit card balances have consistently exhibited an upward trajectory especially post 2014. This growing problem can have significant long-term impacts on one’s financial well-being and overall quality of life. That includes debt from bank cards and retail credit cardsĬredit card debt has become an increasingly prevalent issue today, with millions of individuals facing the consequences of mounting balances and high-interest rates. Overall, the national average credit card debt among cardholders with unpaid balances in December 2022 was $7,279. Even after consolidating various credit lines into a single payment through debt consolidation, the burden of repayment still looms. While trying to regain financial stability, it’s easy to lose track of interest payments, minimum payment percentages, and APRs. Unanticipated car or home repair expenses, medical bills, or family emergencies can transform your credit card from a convenient payment method into the only available option. Rows of small transactions turn into a shockingly high bill by the end of the month, and if not paid on time, additional charges and fees may be added.Įven for responsible credit card users who maintain their spending within a practical budget, unexpected events can occur. However, with a credit card, small charges can accumulate throughout the month.
Each time you visit an ATM or bank teller, you receive frequent reminders of your spending. When using cash for purchases, you physically part with the money from your wallet at the point of sale. Credit cards can make it challenging to monitor your daily spending. Home / Debt Programs / Credit Counseling Consumer Credit Counseling: Your Path to a Better Financial FutureĬredit card debt can quietly creep into your life.
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