Becoming Financially Fit Controlling
Finances		 Credit
Basics 		Protecting
My Money 		Finding a
Good Job 		Getting an
Education		 Owning
a Home
You are here: Credit Crisis >> Questions and Assessment Contact Us Printer Friendly Home
Credit Crisis

What is a financial crisis?

How do I get out of this mess?

How do I make a debt reduction plan?

How do I select a credit counselor?

What happens when I file bankruptcy?

What do I need to know about debt reduction, debt consolidation, and credit repair companies?
Questions and Assessment
Stay on Track
Continue Your Success
Related Topics
Resources
Credit Crisis
Questions and Assessment

1. Complete the Credit Improvement Spending Plan and Debt Summary & Debt Reduction Plan worksheets with your Habitat advisor.
2. Write a short script for speaking with lenders to negotiate payments. Rehearse the script with a friend or your Habitat advisor. You might accomplish more if you practice before making these phone calls.
3. Talk to your Habitat advisor about going to a counseling agency if you feel too overwhelmed. Be sure to keep the Choosing a Credit Counselor checklist handy. You might also want to read the Federal Trade Commission’s Fiscal Fitness.
4. Talk to your Habitat advisor about the difference between working with credit counselors and debt reduction businesses. Make sure you understand what each one does, and how each one will affect your credit.
5. Work on getting to know the signs of pushy debt reduction businesses so you can avoid them.


<< GO BACK | GO FORWARD >>
How Financially Fit Are You? Find out now!
• What is credit?
• What does "good credit" mean?
• I want to read my credit report.
• What is a credit score?
 
NEFE HOME | HABITAT HOME | SITEMAP | ACKNOWLEDGMENTS ©2008 NEFE. All rights reserved. RETURN TO TOP


Thank you for visiting the official Habitat for Humanity International Web site.

© 2012 Habitat for Humanity® International. All rights reserved.
"Habitat for Humanity®" is a registered service mark owned by Habitat for Humanity International.
Habitat® is a service mark of Habitat for Humanity International.
Habitat for Humanity® International is a tax-exempt 501(C)(3) nonprofit organization. Your gift is tax-deductible as allowed by law.

Home | Get Involved | About Us | Where We Build | Support Habitat | Shop | Stories & Multimedia
Donate | Privacy & Legal | E-Newsletter | NSP2 | Contact Us | Site Index | Search