News Reports Credit Debt Counseling on the Rise — CreditScoreHelp.org

News Reports Credit Debt Counseling on the Rise


It’s a whole new group of people seeking credit debt help today. This news report shows some that never experienced financial problems are now among those needing debt counseling.


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Consumer 10 Report: Demand for debt counseling even higher now
By Kurt Ludlow WBNS-10TV

As the economy starts to rebound, business is picking up for many industries, including, oddly enough, the debt-counseling industry.

Although it might seem counterintuitive, nonprofit debt counselors in central Ohio report that they’re busier now than they were at the peak of the recession – and that they’re bracing for an even bigger onslaught.

“The call volume has definitely picked up,” said Cara Henry, a counseling supervisor with the Consumer Credit Counseling Service of Central Ohio, a nonprofit group that has worked with more than 11,000 families and individuals in the past year.

Henry said organizations such as hers aren’t just hearing from more people; they’re hearing from different people.

“Over the years, we’ve seen all different types of socioeconomic backgrounds,” she said. “I think more and more today, though, we are seeing folks who are used to higher-paying jobs suddenly faced with unemployment. read more here http://www.dispatch.com

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