Credit Card Trouble? You Are Not Alone!

There is a trillion dollar bomb in American wallets, and a growing number of people are enrolling in credit counseling services in order to try and defuse their part of it. The sooner you act, the more you save. Do not allow unsecured credit card debt to jeopardize your home or family. Good credit is important, but using your money to pay your most important expenses first each month is more important.

There are some key things you should have in hand before contacting a credit card mediation service.

• Have a list of all your credit cards, including phone numbers, interest rates and account balances.
• Be able to tell the service whether your accounts are paid up to date, or how far they may be in arrears.
• Have a list of all your other monthly expenses, ranging from rent and mortgage to food and child care.
• Be able to provide contact information for your employer in case they need to verify income.

It is important to contact several credit counseling services.

Each offers different terms and each has a different strategy for solving credit problems. After you find a couple of services you like, you can do a little research online to confirm they are legitimate businesses. Some of best services work with consumers nationwide which gives them a great deal of leverage in negotiating and enforcing credit terms.