Study Reveals Value of Debt Management Education

Topics:
Market Studies
Tags:
Business Operations,
Productivity,
Litigation,
Financial Planning,
Financial Management,
Financial Accounting,
Finance,
Education,
Debt Management,
Realty Times
Source:
Realty Times

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Overview: It's not unlikely in the current environment of rising mortgage interest rates, that one could find it difficult to make ends meet - especially if one has an Adjustable Rate Mortgage (ARM). But if one thinks that he is going to slip, before he actually does, he should get some debt management counseling. The sooner, the better. The latest, albeit tentative, study looking at financial management delivery techniques - by telephone or in person - found that when debt management counseling is offered as part of the service, those who participate lowered their risk of bankruptcy and improved their creditworthiness.

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Format: HTML | Date: Jul 2006 | Pages: 2

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