Credit Counseling may be able to lower your payments. The credit counseling debt management plans collect one payment from you every month and distribute to your creditors. Credit Counseling companies can sometimes reduce your interest rates but if you miss a payment even one payment you may no longer be eligible for the reduce rates. After enrolling in a Credit Counseling Debt Management Plan, all of your accounts are closed and you will no longer have access to your credit lines. Your creditors usually note that you are in a "hardship" type plan on your credit reports which can be looked at similar to a bankruptcy to other lenders. These plans can be useful for people who are struggling with under $5,000 of total debt. We can provide you resources to licensed companies in Texas offering Credit Counseling if you feel this option is right for you. We specialize in Debt Relief plans which may save you much more money compare to Credit Counseling.