If this sounds familiar, you may want to consider the services of a credit counseling agency. Credit counseling agencies may offer educational materials and workshops, or help you develop a budget.
Many agencies offer services nationwide through local offices or the Internet.
If your financial difficulties arise from too much debt or an inability to repay your debts, a credit counseling agency may work out a Debt Repayment Plan for you. In these plans, you deposit money each month with the credit counseling agency. Your deposits are used to pay your creditors according to a payment schedule the counselor develops with you. A successful repayment plan requires you to make regular, timely payments, and could take 48 months or longer to complete. A debt repayment plan does not erase your credit history.