|
Our
Program
Our
Certified Financial Counselors will provide you with a Free
consultation. Based
on the information you provide to us, together we will
decide the best road
for you to take.
We have found that many consumers just don't know
where their money is going on a monthly basis. It is a
frustrating reality for many of us. At Cook County
Consolidation, we do a complimentary Budget analysis with
all of our clients.
It is only after this exercise, and an open dialogue, that
we are able to find out the underlying reasons for a
particular client's financial problem. In many cases,
this budget analysis can solve the problem. If
not......
Other Options
available to our clients may include, but
are not limited to:
Budgeting Classes:
A
client may need more comprehensive education when it comes to setting
up, sticking to, and completing their own budgets. This is why
Cook County Consolidation has adopted a proprietary, self-study, credit
education course, that we provide for our clients that need this
service. Once a client completes this course, they will be well on
their way to better financial health. Their individual credit
report with each of the bureaus report that they have completed this
educational course, which is looked on favorably by all credit grantors.
The classes can be completed on-line, and are available in English and
Spanish.
General Educational Pamphlets:
All
clients have access to our numerous brochures regarding
specific financial problems. All of these brochures
are provided to the client Free of Charge.
Based on the initial budget analysis and/or dialogue with
the client, our certified counselors can provide
informational material to the client that can be of
assistance in overcoming this issue. Some of our most
popular material includes: How To Reduce Your
Debt, Knowing and Understanding Your Credit, Opening the
Door to A Home of Your Own, Understanding Debt, and Applying
for Credit and Charge Cards.
Cook County Consolidation's Library of Credit Education:
This
catalog of financial resources includes relevant books on common
financial issues that our clients seem to encounter. In addition, we
have included cassette products, and other financial literacy courses.
We provide this catalog Free of Charge to all of our clients.
Inside the catalog, these financial products are offered to our clients
at, close to, a 50% off of the recommended price.
Some of our more popular books have been: Money Troubles, Divorce
and Money, Surviving Debt, and Do-It Yourself Credit File Correction
Guide.
Bankruptcy Counseling:
We
have formed an alliance with a local Bankruptcy attorney.
In the unfortunate cases that a Bankruptcy filing is the
only answer, we will refer clients to the Bankruptcy
attorney. However, the real purpose of this alliance
is that they provide Free Bankruptcy advice to our
clients, with no added pressure to file. We have discovered
that most clients who have filed for bankruptcy, did so, on
advice of their attorney, and really didn’t need to file.
Our hope is to provide a professional source that can
consult with, and educate the client on what Bankruptcy is,
does for them, and alternative options.
Debt Management Plans:
Our
Financial Counselors may put you on a debt management
program based on your personal income and debt levels.
We can find a comfortable payment for you, giving you just
one check to write each month. Once Cook County
Consolidation receives your payment, it will be dispersed in
a timely fashion to the creditors. We are one of the few
agencies nationwide, that makes payments to creditors twice
weekly! This ensures your payment getting to your creditors
with the least amount of hold time. Cook County
Consolidation is not a loan company, so you will not go
further in debt. In fact, in most cases, your monthly
payments will be reduced. We are supported by nearly all of
the major creditors, and we have been able to lower the
interest rates, and stop/reduce the late fees and penalties
on your accounts. Cook County Consolidation will make
so that most of your payment is going towards your
principal, not towards the interest. Our average client is
able to pay off all of their debt within 48 to 60 months.
|
