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Is Consumer Credit
Counseling A Good
Option For Senior
Citizens?
Slides 01
Consumer Debt Counselors
Slides 02
Senior citizens in Florida are struggling with debt.
The cost of living is rising, and this has led to an
increase among older adults who are financially
overwhelmed because their income isn't
enough anymore even though they've done
everything right - managed expenses carefully
all these years so as not to miss out on anything
important like groceries or healthcare bills; paid
off what could be affordably financed without
borrowing from family members (if any); etc.
Nowadays, it seems impossible for many people
to get by each month, let alone comfortably
thrive, but there's help available!
Slides 03
When old people stop paying their debts, the information is
forwarded to different debt collection agencies. The
methods used by them in pursuing the money might be
aggressive. Gradually, the entire situation impacts the
credit score negatively. This, in turn, makes it very difficult
for a senior citizen to qualify for a taking a loan.
As most employers check the credit history before hiring
employees, it even becomes more challenging for them to
take a part-time job after retirement. Sometimes, a
negative credit score acts as a roadblock while planning to
enter a nursing home in later years.
How Not Paying Debts Can Impact
The Life of Older Adults?
Slides 04
Credit counseling helps older adults connect with a trained
credit counselor to figure out their debt relief options. These
experts offer one-on-one guidance after understating the
situation in detail. They discuss while getting an insight into
monthly expenses, income, assets and debts in order to figure
out a way to manage debts.
Credit counselors not only shed light on personal finance
topics but also help older adults in understanding the pros and
cons related to debt settlements, debt consolidations,
bankruptcy and more. They focus on designing a debt
management plan that helps senior citizens to easily keep up
with their payments.
How Credit Counseling Can
Help?
Slides 05
Not every senior citizen needs consumer credit
counseling. It is a good option for those whose debts
fall under the category of unsecured loans like home
equity loans, mortgages, etc. The elderly having trouble
managing multiple monthly debt payments should
also get in touch for debt management. These experts
help you to manage your finances efficiently.
When To Reach Out To A Credit
Counsellor?
Slides 06
Finding The Right Credit
Counselor
You will find a lot of online companies that offer
debt relief services. Hence, choosing the one you
can rely on can be a little challenging. It is
important to find a trustworthy credit counselor
that can guide your way out of all the debts. You
can start by searching online. There are many
reputed companies that offer consumer credit
counseling in Florida. You can check the track
record of the company before hiring it for your debt
management. Also, discuss the fee they charge
and what services they offer under that fee.
Slides 07
If you are looking for experts that
can help you in meeting your
financial goals, then you can rely
on Consumer Debt Counselors.
They are a nonprofit financial
counseling agency and have
helped several people with debt
relief.
For inquiries or follow-ups
Get In Touch
With Us
Phone Number Email Address
Company Address
831 W. Morse Blvd. Winter
Park, Florida
+1-800-820-9232 info@consumerdebtcounselors.com
Slides 08
Thank You For
Attention
Slides 09
Consumer Debt Counselors
Consumer Debt Counselors
Thank You For
Attention

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Is Consumer Credit Counseling A Good Option For Senior Citizens? | Consumer Debt Counselors

  • 1. Is Consumer Credit Counseling A Good Option For Senior Citizens? Slides 01 Consumer Debt Counselors
  • 2. Slides 02 Senior citizens in Florida are struggling with debt. The cost of living is rising, and this has led to an increase among older adults who are financially overwhelmed because their income isn't enough anymore even though they've done everything right - managed expenses carefully all these years so as not to miss out on anything important like groceries or healthcare bills; paid off what could be affordably financed without borrowing from family members (if any); etc. Nowadays, it seems impossible for many people to get by each month, let alone comfortably thrive, but there's help available!
  • 3. Slides 03 When old people stop paying their debts, the information is forwarded to different debt collection agencies. The methods used by them in pursuing the money might be aggressive. Gradually, the entire situation impacts the credit score negatively. This, in turn, makes it very difficult for a senior citizen to qualify for a taking a loan. As most employers check the credit history before hiring employees, it even becomes more challenging for them to take a part-time job after retirement. Sometimes, a negative credit score acts as a roadblock while planning to enter a nursing home in later years. How Not Paying Debts Can Impact The Life of Older Adults?
  • 4. Slides 04 Credit counseling helps older adults connect with a trained credit counselor to figure out their debt relief options. These experts offer one-on-one guidance after understating the situation in detail. They discuss while getting an insight into monthly expenses, income, assets and debts in order to figure out a way to manage debts. Credit counselors not only shed light on personal finance topics but also help older adults in understanding the pros and cons related to debt settlements, debt consolidations, bankruptcy and more. They focus on designing a debt management plan that helps senior citizens to easily keep up with their payments. How Credit Counseling Can Help?
  • 5. Slides 05 Not every senior citizen needs consumer credit counseling. It is a good option for those whose debts fall under the category of unsecured loans like home equity loans, mortgages, etc. The elderly having trouble managing multiple monthly debt payments should also get in touch for debt management. These experts help you to manage your finances efficiently. When To Reach Out To A Credit Counsellor?
  • 6. Slides 06 Finding The Right Credit Counselor You will find a lot of online companies that offer debt relief services. Hence, choosing the one you can rely on can be a little challenging. It is important to find a trustworthy credit counselor that can guide your way out of all the debts. You can start by searching online. There are many reputed companies that offer consumer credit counseling in Florida. You can check the track record of the company before hiring it for your debt management. Also, discuss the fee they charge and what services they offer under that fee.
  • 7. Slides 07 If you are looking for experts that can help you in meeting your financial goals, then you can rely on Consumer Debt Counselors. They are a nonprofit financial counseling agency and have helped several people with debt relief.
  • 8. For inquiries or follow-ups Get In Touch With Us Phone Number Email Address Company Address 831 W. Morse Blvd. Winter Park, Florida +1-800-820-9232 info@consumerdebtcounselors.com Slides 08
  • 9. Thank You For Attention Slides 09 Consumer Debt Counselors Consumer Debt Counselors Thank You For Attention