Consumerpedia

25 - Dealing with Debt


Listen Later

To deal with record inflation, many Americans are making ends meet by piling up record amounts of credit card debt. A trained credit counselor can help you pay down that debt, even if it seems insurmountable, and learn how to have a successful financial future.

In this episode, you’ll hear a real-life success story. Cara, who lives near Boston, was drowning in credit card debt five years ago. Today she is debt-free and has good credit.

We’ll also talk to Bruce McClary, a senior vice president at the National Foundation for Credit Counseling, a nonprofit dedicated to helping people deal with debt and better manage their finances. Find out how the counseling process works, and why some of the advice provided by for-profit debt relief companies can make your situation worse.

Additional Resources:

To find a nonprofit credit counseling agency, visit the National Foundation for Credit Counseling or call 800-388-2227.

...more
View all episodesView all episodes
Download on the App Store

ConsumerpediaBy Consumers' Checkbook

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

45 ratings


More shows like Consumerpedia

View all
Hidden Brain by Hidden Brain, Shankar Vedantam

Hidden Brain

43,615 Listeners

On Point with Meghna Chakrabarti by WBUR

On Point with Meghna Chakrabarti

3,985 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,982 Listeners

Jill on Money with Jill Schlesinger by Audacy

Jill on Money with Jill Schlesinger

1,944 Listeners

Talking Real Money - Investing Talk by Don McDonald

Talking Real Money - Investing Talk

776 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

450 Listeners

The Clark Howard Podcast by Clark Howard

The Clark Howard Podcast

5,456 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

616 Listeners

What Next | Daily News and Analysis by Slate Podcasts

What Next | Daily News and Analysis

2,405 Listeners

Sound Investing by Paul Merriman

Sound Investing

346 Listeners

WashingtonWise by Charles Schwab

WashingtonWise

458 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

197 Listeners

Tangle by Isaac Saul

Tangle

843 Listeners

Personal Finance for Long-Term Investors - The Best Interest by Jesse Cramer

Personal Finance for Long-Term Investors - The Best Interest

158 Listeners

MoneyWatch with Jill Schlesinger by CBS News

MoneyWatch with Jill Schlesinger

427 Listeners