A budget planner also provides credit counseling and financial education.
The debt management plans became an increasingly popular and central feature of credit counseling, rather than a program offered on the side.
Would have allowed for-profit credit counseling, a practice now outlawed.
While the credit counseling is good advice, the president's actions are simply too little, too late.
Other applicants would receive credit counseling to prepare them for purchasing a home in the future.
They may try private therapy or credit counseling - sometimes at the prodding of a bankruptcy court.
The new law also requires every individual to undergo credit counseling before filing for bankruptcy protection.
They will also increase the costs of filing for bankruptcy, adding new steps like credit counseling and more paperwork to the process.
AmeriDebt became a kind of poster child for bad credit counseling.
The housing counseling agency may also offer credit counseling.
