The clever freshmen unknowingly decides to give up their credit for a free coffee mug with the university logo on it. 30 days later-The bill arrives for the fake money. The clever freshman decides to rebel because there are no parents around anyway, nobody can make them pay. 60 days later-Another bill arrives this time with a note stating that there will be a $80 fee, and that they may be sent to collections. The clever graduates blows off the whole thing in one last rebellion against the society that has held them back for so long. I organized the following 4 questions in this order on purpose. After all, if you can?t afford credit counseling, then it?s pretty much out of the picture as an option for you anyway. I don?t mean to sound overly cynical, but we live in a material world and issues like having an anxious personality must be sacrificed when you don?t have the money necessary to freely exercise this aspect of your character. On the flip side, if you have 100% Citibank debt, it would be foolish for you to choose debt settlement over credit counseling or bankruptcy just because you fancy yourself a risk-taker. There are countless other variables that influence whether debt settlement or credit counseling is appropriate for you (i. They will help the consumer to work out a debt consolidation, management and repayment plan. They will help the consumer negotiate with creditors to reduce their overall amount of debt in various ways, including lower interest rates and reversing late charges. This might sound promising to a person deep in debt, there are a few bad apples in the debt counseling industry that takes advantage of their clients. Protect yourself by using the following tips to select an agency that actually have your best interest in mind: – Make sure the agency you are considering does not only offer debt management. How to rebuild credit videos