Consumer Credit Counseling

Business, Legal & Accounting Glossary

Definition: Consumer Credit Counseling


Consumer Credit Counseling


Full Definition of Consumer Credit Counseling


Non-profit service provided to consumers that need assistance either reducing or eliminating debt and improving their credit scores. Consumers work with an accredited professional to evaluate all aspects of their credit to devise a plan to achieve financial freedom. Individuals may also seek using consumer credit counseling services to negotiate a debt settlement with creditors.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/consumer-credit-counseling/
Modern Language Association (MLA):
Consumer Credit Counseling. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/consumer-credit-counseling/.
Chicago Manual of Style (CMS):
Consumer Credit Counseling. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/consumer-credit-counseling/ (accessed: March 28, 2024).
American Psychological Association (APA):
Consumer Credit Counseling. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/consumer-credit-counseling/

Definition Sources


Definitions for Consumer Credit Counseling are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.