Medina, OH -- (SBWIRE) -- 05/14/2009 -- With the struggling economy, more people are struggling to meet their debt obligations. Sadly this will have an impact on their ability to finance major purchases in the future. According to MTO President Paul A Drockton M.A. "Buying a home becomes almost impossible with low credit scores. The same can be said about buying an automobile with a low interest rate"

"People need to realize how bad credit really affects them in every area of their economic life," he explained "Your job search will be effected, so will your ability to receive college money from private lenders. The days of fast and easy credit are gone and I don't see them coming back anytime soon."

One client spoke very highly of the additional service.Stating,"MoneyTeachers Credit Service had a huge impact on my scores. It also helped me negotiate my debts with some of my creditors. I saved thousands! Now I can actually buy a home."

Mr Drockton explained, "Most people don't understand the relationship between their spending habits and their credit scores. We focus on both. We never want to see the same client twice. We offer budgeting services so that they don't fall back into the bad credit hole again."

MoneyTeachers.Org teaches its clients how to manage their credit, finances, investments and insurance using a variety of methods.

Clients can check their credit at annualcreditreport.com. This is a free service mandated by the Federal government . Individual credit reports are available only once annually. Three score reporting directly from the bureaus.

To learn more please visit http://www.moneyteachers.org