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If you are considering credit counseling be sure to spend some time researching your options before signing up with an agency that you do not know much about.

There are many credit counseling agencies to choose from and knowing what to look for is instrumental. A reputable credit counseling agency will provide you advice on how to manage your money and debt. They will provide you a budget, educational materials and financial workshops, if available in your state. Reputable agencies will also provide you information upfront about their agency without you having to provide any of your own personal identifying information. Your goal in choosing the right agency is to be sure that you do your homework. You should interview several agencies, and ask a friend or relative for budgeting advice. Once you have completed your search and have developed a potential agency list, you may want to contact the Better Business Bureau or Attorney General to see if there have been any complaints on the agency.

Having financial difficulties can be a very stressful situation for you and your family, but choosing the right credit counseling agency to help you with your problems can turn your financial life around. Here are some key indicators of a reputable agency to look for before signing up:

• Be sure the agency is charging you reasonable fees (not more than $50/month for a debt management plan), but this can vary by State. ACCC firmly believes in keeping its set up fees as well as monthly maintenance fees as low as possible.
• The credit counseling agency should be non-profit.
• The agency should have been in business for at least seven to ten years.
• The counselors at the credit counseling agency should be certified by an independent organization.
• The agency should be accredited by the International Standards Organization (ISO) or by the Council on Accreditation (COA).

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