What is the main aim of credit counseling?

The primary aim of credit counseling is to assist individuals in managing their debt and enhancing their financial situations. Credit counseling services provide consumers with guidance on budgeting, debt management plans, and strategies to improve their credit scores. These services are designed to help people gain a better understanding of their financial circumstances and to empower them with the tools necessary to make informed decisions about their money and debts.

The focus on financial health and stability is critical, particularly for those struggling with financial issues, as it leads to better long-term financial habits and improved overall well-being.