Non Profit Credit Repair

When money problems seem to be so overwhelming that it's impossible to come up with a solution, it's nice to know there are non profit credit repair service providers available for every American consumer, no matter where you live. These consumer credit counselors are ready and available to work with people in the largest metropolitan areas to the most isolated cabins in the woods. In most cases, help is just a phone call away.

Thanks to their federally recognized status as a charitable service, non profit credit repair counseling services provide help at no cost to the consumer. They act as a liaison between consumer and creditor with the goal of bridging the communication gap to provide a solution that works for both parties.

These non profit credit repair services pay counselors and administrators just as they'd be paid in a business counseling consumers who pay for services. That's the only way they can maintain a well-trained staff of professionals but instead of collecting money from both the consumer and the creditor, non profit credit repair services get their revenues from fees the creditors pay them to help settle consumer debts and disputes.

The average fee a creditor pays a non profit credit repair counseling service is only about 4% to 10% of the amount of the consumer debt in question. For-profit services often earn as much as 50% from the consumer's creditors and they often charge the consumer service fees and percentages, too.

An added benefit of turning to a non profit credit repair service is that they are generally members of one or more of three nationwide trade associations that require strict adherence to state and federal consumer laws and demand fair and ethical treatment to all consumers who seek help.

To make sure you are working with a non profit credit repair service operating under the highest possible ethical standards, make sure you are working with an affiliate service of either the American Association of Debt Management Organizations (AADMO), the National Foundation for Credit Counseling (NFCC), or the Association of Independent Consumer Credit Counseling Agencies (AICCA). Ask to see proof of the counselor's affiliation with one of these trade associations before signing any papers and especially before paying a cent for anything. If you are working with a legitimate affiliate of these organizations, you'll never be asked to pay for anything so let the counselor's request for payment be a signal that you need to take your concerns elsewhere.

Affiliate members of these non profit credit repair organizations make their services available to consumers in person, on the phone, and via the internet. No matter where you are, there's a consumer credit counselor available to meet your needs.