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Debt Consolidation and credit counseling Information
Kimbery Credit Counselings Blog
Friday, October 26, 2007
 
Can you use your credit cards when your on a credit counseling program?
As part of the mutual agreement between the creditors and the client, the client is required to stop using the credit cards. Acquiring more debt while on a debt consolidation program defeats the purpose of being on the program in the first place. If creditors are willing to give more favorable repayment benefits to a client they want to make sure that they can not charge any more debt than they already have. The creditors close the accounts and sometimes request that the debtor cut the cards up or send them back. Reinstatement of charging privileges is done at the creditors discretion.

While on a debt program its in your best interest not to use your cards and not charge anymore debt. Your goal is to get yourself out of debt not into anymore.

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