The Internet is abuzz with stories from people who had bad experiences with credit card debt counseling. While there is some truth to the fact that there are predatory lenders out there, the whole truth about the situation isn’t being told. In fact, the truth is the problem. Many counselors who are tasked with the responsibility of assisting borrowers in managing their credit card debt express frutration with the fact that not everyone tells the truth when they come in for credit card counseling.

Many borrowers are ashamed of the exact extent of their debt. As a result, they fudge some of the information that they provide to the counselors who are there to assist them. The thinking behind this action isn’t so bad. They feel that if they can just get a grasp on some of the debt, they’ll be able to manage the rest on their own. It’s a pride thing. However, lying to your debt counselor (even by omission) makes it difficult for him or her to provide you with the best advice.

The job of the counselor is to take an honest look at your debt situation and assist you in laying out a plan that will allow you to pay off that debt. Without all of the information, the debt counselor is working blindly to provide you with that advice. This often results in inadequate solutions to the debt which make people feel like their credit card counseling was unsuccessful. Honesty is always the best policy, even when it comes to money!

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