Consumer Credit Counseling Crisis

Brandy's husband is thinking of cleaning up their mess with a consumer credit counseling service, but Dave explains why that will hurt them big-time.

QUESTION: Brandy says $20,000 of her debt in collections. Her husband is fired up about using the consumer credit counseling service. What can she say to talk to him about doing Dave’s plan instead?

ANSWER: Consumer credit is not evil, but it destroys your credit for purposes of buying a house. When you use one of these places and then try to get a mortgage, they will treat you like you filed Chapter 13 bankruptcy.

The other problem is, he’s trying to wiggle out of this. You fix your problem by facing the music, sacrificing and cleaning up your own mess, not getting others to do it. Learn your lesson and get this taken care of.