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Summary: A certified credit counselor must pass state and national exams to obtain a license in order to help people with credit problems, such as credit card debt, by reducing payments or account balances. Find out how a credit card counselor can help you reduce your credit card debt by working directly with credit card companies, in this free video on personal finance from a licensed mortgage broker.
Adriel Torres has been in the mortgage business for over a decade. He has owned two mortgage companies and is a licensed mortgage broker. Torres has been doing credit repair since...read more
"Hi, so you're wondering what certified credit counselor is or if you need their assistance and their help to help you with your credit cards. No problem, I'll be able to answer that question. My name is Adriel Torres and I'm the owner of ultimatecredittoday.com. A certified credit counselor is someone who has passed vigorous state exams and national exams to obtain a license in order to help you with your credit issues. Most credit counselors work to reduce either the payment or the loan balance or excuse me, the debt balance on your credit cards or the rate on your behalf. Its sort of an attorney working on your side to help you in court, to help you with the lenders or the credit card companies. Either to reduce your mortgage or your credit card payment or to reduce your interest rate or to reduce the overall debt on your credit card. And make sure they are certified by asking to provide you with their license so they can help you, OK? And that's what a certified credit counselor is and how they can help you. My name's Adriel Torres and I'm the owner of ultimatecredittoday.com. Thank you very much."
eHow Article: What Is a Certified Credit Counselor?
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.