SAN FRANCISCO – The current economic climate has got consumers taking a closer, harder look at their debt.
According to financial fitness program provider BALANCE, in 2008 58% of clients indicated their primary concern is their debt-far more than other personal finance topics such as budgeting, identity theft or credit reports. In 2007 debt issue were only 39% of BALANCE callers' primary concerns.
The 2008 economic changes have also sparked an increase in credit union partnerships with BALANCE growing 26% over 2007 in the number of credit union partners. BALANCE offers financial counseling designed to not only provide information but also help members achieve their financial goals through a mix of tools, tips and counseling.
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