By Terry Savage on October 23, 2023 | Financial Planning / Retirement

Hello Terry,
I really enjoy your segments on WGN, I often see you refer people to the NFCC. I was under the impression that the organization was a free service, but apparently I was mistaken. So here is my question: are there any free services to people suffering with debt?
Here is my situation :
Family of 4- wife is a Nurse Practioner – over 100k in student loans
2 kids – 6 y/o and 3 y/o – I am unemployed, I quit my job after my wife had complications post pregnacny with our first child. I have about 40k in credit card debt. mortgage is about 2600 a month. HELP please

Terry Says

Most member agencies of NFCC are either free, or very low cost. What was your experience?
Also, with all of that student loan debt, you’ll never get ahead! I suggest you go to and see if she can figure out a way to get a portion of those student loans forgiven. Tell her (or her assistant) that I sent you, and maybe she will discount her counseling fee for your first meeting.

And now, one more question: Isn’t it time for you to go back to work?? Now that the kids are in nursery school? Or even work an evening shift at a restaurant, while she is home to take care of the kids? The REAL way out of your credit card debt is to pay it down as fast as possible. And if you could make just $20,000 a year on an evening job after taxes, you could be out of debt in two years. That’s earning about $500/week, or $100/night. You can do that!

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