Suze Orman Consumer Credit Counseling

About Suze Orman

Suze Orman, born Susan Lynn Orman, is one of the best-known personal finance experts in the United States today. She encourages her fans to take control of their money so they can live their lives by the motto, “People First, Then Money, Then Things.”

Suze Orman’s books include:

• The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying
• You've Earned It, Don't Lose It: Mistakes You Can't Afford to Make When You Retire
• The Courage to Be Rich: Creating a Life of Material and Spiritual Abundance
• The Road to Wealth
• The Laws of Money, The Lessons of Life: Keep What You Have and Create What You Deserve
• The Money Book for the Young Fabulous & Broke
• Women & Money: Owning the Power to Control Your Destiny

Suze Orman is also the host of a weekend financial planning show for CNBC called The Suze Orman Show, a contributing editor for O, The Oprah Magazine, and the top female motivational speaker in the United States.

About Suze Orman Consumer Credit Counseling

In The Courage to Be Rich, Suze Orman talks about how many people become easily overwhelmed by their debt. Although they want to repay what they owe, they simply don’t know where to start. She writes, “If you doubt you can do this yourself, you must get in touch with a wonderful nonprofit agency known as Consumer Credit Counseling Services.”

Consumer Credit Counseling Services (CCCS), a division of Money Management International, is a non-profit corporation that provides assistance to people struggling with high levels of debt. CCCS is affiliated with the National Foundation for Credit Counseling (NFCC), the largest and oldest non-profit financial counseling network in the United States. For a monthly fee of $5-$15, they enroll you in a debt management program and provide regular financial education classes. Instead of paying all of your creditors directly, you pay CCCS one lump sum each month and they distribute the money as needed.

CCCS allows you to seek advice from an experienced financial planner in person, by phone, or online. Whether you’re struggling to repay your student loans or wondering how you can escape a mountain of credit card debt, CCCS can help. This organization’s confidential services can help you complete a personal financial assessment based on your income, expenses, assets, and liabilities.

For additional information about Suze Orman Consumer Credit Counseling, check out the interview with CCCS on her website. To contact CCCS directly, call 1-866-889-9347.

Credit Counseling Services and Your Credit Score

If you’re experiencing financial difficulties, you may find yourself wondering if Suze Orman Credit Counseling can actually hurt your credit score. Although it is commonly believed that credit counseling will have a negative impact on your credit score, this is simply not true. Typically, visiting a non-profit credit counseling service will not lower the FICO score banks use to determine your credit worthiness. In fact, taking control of your finances to avoid a potential bankruptcy filing is often seen as a sign of financial responsibility and a commitment to smart money management.

Additional Information

To learn more about managing your credit card debt, check out the following helpful articles from LoveToKnow Credit Cards:

• Debt Management: An Interview with a Credit Counselor
• Credit Debt Consolidation: An Interview with the NFCC
• About Your Credit Score
• Credit and Debt Counseling
• Dealing with a Collection Agency: An Interview with the Attorney General’s Office.