How Long Does Credit Counseling Take?
Credit counseling typically lasts from one to two hours for your initial session. During this meeting, a certified counselor will review your financial situation, discuss your debts, and evaluate your budget. They will provide personalized advice and potential solutions for your financial challenges.
After the initial consultation, the time frame for ongoing sessions can vary. Some clients may require just one additional session to fine-tune their plan, while others may participate in multiple follow-up meetings, depending on individual circumstances.
In general, you can expect the entire credit counseling process, including the development of a debt management plan (DMP), to take about 30 to 60 days. Once you have established your DMP, further communication with your counselor may be necessary to ensure you stay on track and to address any changes in your financial situation.
Overall, the time spent in credit counseling is aimed at equipping you with the necessary tools to manage your debt effectively and achieve financial stability.