It's almost as if you can't turn on the TV anymore without seeing at least on commercial for credit and debt counseling.

They promise to help you get your bills reduced and a payment schedule setup to make your life easier.

Now just who are these non-profit credit and debt counseling companies and why would they want to help you get out of debt when there is no money for them to make?

Ooops. The non-profit part is a bit misleading. You see, the majority of these companies are owned, in part or whole, by major players in the credit industry.

Credit card companies and other lenders sponsor these credit and debt counseling because they can get a lot of people to start paying them again that have been having problems.

It's sure better to have these organizations getting people to pay than getting collection agencies to collect the defaults.

If you decide to look at any of these credit and debt counseling companies, remember who they really are.

They are the creditors trying to get you to continue paying them. They may try to get you in a situation that requires more money than you have.

If you go into credit and debt counseling you are still the only one who is on your side. Same as the credit repair battle.

You will have to make the choices in your best interest and not on the suggestion of credit and debt counseling organization.

These places have helped a lot of people. But you don't hear about all the ones who were talked into getting themselves in a worse position than they started in.