Advisors may have helped some consumers pay off debt, which could lead some to consider consumer credit counseling services

By Marvin Milner on Feb 4th, 2010

A recent survey from First Command shows that saving money and trying to pay off debt are among the top priorities for consumers.

According to the December poll, 40 percent of respondents said they were going to try and reduce excessive spending during this year, while 35 percent said they would focus on attempting to pay off debt.

The survey also showed that consumers are improving their amount of savings, especially when compared to how much they owe. Of middle-class consumers polled, those who have a positive savings-to-debt ratio increased to 42 percent during December. Fifty-five percent of families surveyed that used financial-planning services has a positive ratio.

"These goal-oriented consumers are redoubling their efforts to secure a strong financial future and achieving a greater sense of hope and security in the process," First Command CEO Scott Spiker said.

Given the better performance of families that sought some help with their debt, some consumers may consider turning to a consumer credit counseling agency in order to find assistance with their personal finances. Along with setting up a budget, a consumer credit counseling service can recommend other solutions, such as debt consolidation.

More Consumer Credit Counseling News

03-09-2010

National Consumer Protection Week aims to educate consumers, while CARD Act gives them a connection to consumer credit counse

03-08-2010

Students sticking to budgeted travel for spring break, while some may opt for consumer credit counseling for financial help

03-07-2010

Along with directing people to consumer credit counseling, new laws have Fed proposing rule changes

03-06-2010

Some turn to consumer credit counseling, debt consolidation to help pay off bills

03-04-2010

Until ban on credit score hiring takes effect, some may consider consumer credit counseling to help pay bills on time

03-03-2010

Though budgets from consumer credit counseling services can help, mental calculations may lead to higher grocery costs

03-02-2010

Late payments on auto loans remain the same, though struggling consumers may look to consumer credit counseling to help set u

03-01-2010

Spending up, though some may consider consumer credit counseling to set up budget

02-27-2010

Services such as consumer credit counseling may help couples who don't agree on finances

02-23-2010

Once a person gets their credit report, they can use it as a starting point for consumer credit counseling

Related Resources