How does going to a Credit Counseling service affect your credit rating?

Mar 31, 2009 by Schiess | Posted in Credit

My credit score is so low, I'm gonna need a backhoe to dig it up, but I don't want to make it worse by going to a credit counseling service. Will I be able to buy a house while making payments to said service?

Credit counseling will appear on your credit report, but it’s not factored into your credit score. Lenders and creditors may be hesitant to issue new credit if the credit counseling is recent, but a bankruptcy or foreclosure will do far more damage

Mia Jacob | Apr 02, 2009

No you will not be able to buy a house. CCS will effect your credit rating, however it will cause less damage than a Bankruptcy, creditors will see that you are trying to pay your bills.
Dixie Darlin' | Apr 01, 2009

Which credit counseling service is the best to use?

Feb 15, 2007 by ♥ Mary ♥ | Posted in Credit

I am not looking for debt consolidation service, but a credit counseling service. I do not have any credit card debt, but I do have over $4,500 in total debt on all of my credit reports. Which one is best?

I strongly recommend you check out www.daveramsey.com

Dave Ramsey is a financial whiz whose program has changed my life completely - I am a single mom who has paid off $15K in debt in the past year and cannot believe how easy his program

cottey girl | Feb 15, 2007

Debt Management from Consolidated Credit Counseling Services

Debt Management is not easy. Consolidated Credit Counseling Services can help you get a handle on your debt, whether it be from credit cards ...

A New Horizon Credit Counseling Assists Older Americans

18.05.12

Fort Lauderdale, FL (PRWEB) February 23, 2012

With more Americans approaching retirement age than ever before they are discovering that the promise of a comfortable retirement is not an option. A New Horizon Credit Counseling Services, Inc., a national credit counseling agency, recognizing that this is a growing problem has dedicated its resources to identifying citizens who are approaching the age of retirement and are in need of getting their finances structured and their debts paid off in time to take advantage of that elusive retirement dream. Steven Stark, COO of the Florida not-for-profit organization said, “Historically, people approaching retirement have already paid off most of their debt. Home mortgages are paid, children’s educational loans are paid and the retiree can concentrate on enjoying their later years without the burden of debt. However, with high unemployment, wages lagging behind inflation, a lack of home equity due to the housing crash, most Americans have not been able to pay off their debts.”

Source: PR Web (press release)

credit counseling service - Bookshelf


The Bankruptcy Solution, How to Eliminate Debt and Rebuild Your Life
224 pages 		The Bankruptcy Solution, How to Eliminate Debt and Rebuild Your Life

Creator: Peggy Palms | Law - 2003-07-01
CREDIT COUNSELING SERVICES— SLEEPING WITH THE ENEMY Credit counseling services are organizations that help consumers deal with their debt problems. These organizations are supposed to teach you how to use credit wisely, develop a budget ...
Publisher: Adams Media
Credit Counseling Services... Legit Or Scam?, A Mini-Guide on Credit Counseling Services with Very Helpful Debt Advice for Debt Management to Help You Find Solutions for Credit Card Relief and Other Debt Problems So You Can Get Out of Debt and Be Debt Free for Life
102 pages 		Credit Counseling Services... Legit Or Scam?, A Mini-Guide on Credit Counseling Services with Very Helpful Debt Advice for Debt Management to Help You Find Solutions for Credit Card Relief and Other Debt Problems So You Can Get Out of Debt and Be Debt Free for Life

Creator: Francis Peterson | 2011-01-11
With the information on this book, you can learn how you can utilize the benefit of credit counseling services to help you get out of debt.
Prebankruptcy credit counseling
24 pages 		Prebankruptcy credit counseling

Creator: Noreen Clancy, Stephen J. Carroll | Business & Economics - 2007-11-30
(11 USC 111[c][1]) Accordingly, USTP is required to consider both the manner in which the counseling agency goes about counseling and the effectiveness of its services. In initially approving agencies to perform prebankruptcy credit ...
Publisher: RAND Corporation

Debt Management Credit Counseling Services | Best Debt Consolidation

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Debt management credit counseling services

Reliable Credit Counseling Services in Vancouver

Free credit counseling has helped thousands of people get out of debt and achieve financial health. These companies provide the services geared to effective debt settlement and consolidation. They often offer classes on budgeting and sound money management as well.

If you want to know how to get out of...

Read more...

credit counseling service - News


YOUR CREDIT RESOURCE: How do I know if debt management is right for me?
Rapid City Journal - May 01, 2011
It is not unusual to see someone's credit score rise 75 points in one year on a debt management program, but end result will be based on each person's circumstances. Bonnie Spain is the executive director of Consumer Credit Counseling Service of the

Financial fair offers assistance and advice for people in financial trouble
WFMJ - May 01, 2011
Among those in attendance was Consumer Credit Counseling Service. "Consumer Credit Counseling Service helps all types of individuals, no matter where they are at in their financial life, with debt issues, talking to collection agencies in order to get

Medical residents buy for first time
Rochester Democrat and Chronicle - May 01, 2011
The National Foundation for Credit Counseling site, www.NFCC.org, lists legitimate resources for credit counseling, which include the local Consumer Credit Counseling Service of Rochester. It's a flurry of hopes and dreams called Match Day,

Consumers repaying record amount of credit-card debt
Atlanta Journal Constitution (blog) - Apr 25, 2011
Consumers repaying record amount of credit-card debt It's a 3 percent increase from 2009 and a record for the 47-year-old organization, which was formerly known as the Consumer Credit Counseling Service of Greater Atlanta. Already this year, the numbers continue to rise. In the first quarter,

Credit Counseling For Debt Relief And Personal Financial Assistance–Help For ...
Red, White, and Blue Press - Apr 29, 2011
Credit counseling assistance is usually sought out by consumers for the purposes of debt relief, but there are also other aspects of personal financial assistance that these services can offer to consumers as it could be a method that

Call for a free credit repair consultation today (877) 278-5682

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