Credit cards can work well in cash-short emergencies but only if you can pay off the balance before interest accrues. If your credit card balances are overwhelming you, its time to get some help. The credit card industry sponsors a national nonprofit organization, the Consumer Credit Counseling Service (CCCS). For a nominal fee, the CCCS will help you to set up a budget and create a debt repayment plan. While youre on the plan, some creditors may give you a break on the interest rates and fees you pay. Call directory assistance for the number of the CCCS office nearest you.
Are your credit card balances overwhelming you? The credit card industry sponsors a national nonprofit organization, the Consumer Credit Counseling Service (CCCS). For a nominal fee, the CCCS will help you set up a budget and create a debt repayment plan. While you're on the plan, some creditors may give you a break on the interest rates and fees you pay. Call directory assistance for the number of the CCCS office nearest you.
The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions. For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.