Credit advisors who are connected with non-profit organizations, such as the United Way, the YM/YWCA, or religious organizations are often an invaluable source of information and direction. The Consumer Credit Counseling Service is one such outfit that has offices nationwide and can be found in your local telephone book or by calling 1-800-388-2227 to access the most convenient branch near you.

Typically, as consistent with their non-profit status, these groups charge little or nothing for their services. They can assist in negotiations with creditors, implement programs to manage finances, even advise how to create a monthly household budget.

To take advantage of a non-profit credit advisor, however, either disposable income or the willingness to sell assets is required. The credit advisor will, based on your income and debts, negotiate with major creditors such as banks, credit card companies, and department stores to determine how much and how often you will pay on your debt. Payments are made directly to the credit advisor, who in turn transfers the monies to the proper creditors. A credit advisor is often able to secure a cancellation of wage garnishment or have interest and late charges dropped entirely.