If you are in dire financial straits then it is important not to panic.
Take stock of your situation and then you might want to think about sitting down and discussing what is happening with a qualified credit counselor.
A credit counselor is an individual who is able to help people in terms of creating a budget and learning how to follow it.
Credit counselors can also advise you on how to properly use credit.
They can also help you come up with a solution that is right for you if you have a lot of debts and do not know how to pay them.
There are some credit counseling agencies that are non-profit and will provide counseling for free whereas others will charge you a fee for their services. Take the time to research your options over the Internet before you decide which agency to turn to for help. Continue reading