What is the primary purpose of credit counseling?

The primary purpose of credit counseling is to help clients improve their credit scores and manage debt. Credit counseling services focus on providing clients with the knowledge and tools necessary to understand their credit reports, manage their finances, and develop strategies for debt reduction. Through assessments and personalized plans, counselors work with clients to create budgets, establish repayment plans, and educate them on how to build and maintain a positive credit history.

While other options may touch on related financial services, they do not encapsulate the main goal of credit counseling. For example, assisting clients in finding the best mortgage rates or providing legal advice on bankruptcy are specific financial services that fall outside the broad scope of what credit counseling aims to achieve. Similarly, selling credit monitoring services is a commercial activity and not aligned with the core objectives of credit counseling, which are rooted in education and support for financial management and debt resolution.