Table: A Troubled Business
Credit counseling is growing fast, but some agencies have problems
-- High and rising fees, with clients charged as much as one month's payment and 10% subsequently as "voluntary contributions"
-- Lavish pay for top executives--up to three times the going rate for nonprofits
-- Executives funnel purchases of real estate, goods, and services to associated for-profit businesses
-- Officers have had run-ins with the law, including sanctions for securities violations