Comparing Related Financial Services - In addition to the credit card company advertisers listed below, Debtconsolidationloan.com offers a wide variety of consumer finance program listings to assist you with controlling your debts and other money management needs. Consolidate credit card bills with debt consolidation loans or use a credit counseling service for help with your getting your monthly budget under control.
- Credit Card Debt Consolidation - Learn more on how consolidating your credit card debts can work for you and potential pitfalls that you need to avoid. Also, review a list services that offer to help people lower their bills into fewer payments or even one payment.
- Debt Management Program - Too many debts and payments to be able to keep up? Compare different debt management services that may be able to help you get control of your bills.
- Personal Loan Company - These (typically) smaller loans are most often made available on an unsecured basis. Essentially, your property property or home will not used as security in order to obtain financing. The underwriting decision will usually be based upon your credit history and ability to make repayment according to the terms of the loan agreement.
A Special Guide for Seniors and Families
Professionals Can Help With Daily Money Management
Each day, millions of people help their ill or elderly relatives with everything from medications to money management. But some financial tasks – including bill paying, deposits, insurance claims, benefit claims, investment decisions and other daily money matters – may be too much for family members to handle alone.
Your accountant, lawyer or financial planner may be willing to help, but another option, perhaps at a lower cost, is to hire a "daily money manager." If you need help finding one, a possible resource is a state or local government agency that provides referrals and other information to elderly people and their caregivers. To locate these agencies, use the "Eldercare Locator" service of the U.S. Administration on Aging at 1-800-677-1116 or www.eldercare.gov.
When hiring a professional, even one who comes recommended by a friend or relative, look for someone with professional credentials from an organization that requires a commitment to a code of ethics. Ask for several references from clients and other professionals. Clarify the job you want performed and the cost. Closely monitor their work to prevent theft or mismanagement. If you rely on friends or relatives for money management, you should closely monitor their work, too. (Note: For information about adding someone to a bank account as a co-owner or to conduct transactions on your behalf, see Naming Names: Points to Consider Before Giving Friends or Relatives Access to Bank Accounts and Safe Deposit Boxes.)
FDIC Consumer News is published by the Federal Deposit Insurance Corporation
FDIC Consumer News is produced quarterly by the FDIC Office of Public Affairs in cooperation with other Divisions and Offices. It is intended to present information in a nontechnical way and is not intended to be a legal interpretation of FDIC or other government regulations and policies. Mention of a product, service or company does not constitute an endorsement.
Find current and past issues of FDIC Consumer News at http://www.fdic.gov/consumernews. Refer to this same index to locate the issues that are specially formatted for being reprinted in any quantity.
To receive an e-mail notice about each new issue of FDIC Consumer News posted on the FDIC Web site, with links to stories, follow instructions posted at www.fdic.gov/about/subscriptions/index.html.
Last updated on 11/14/2005