Credit Counseling - Common Questions
Below you will find answers to our most frequently asked questions.
What services do you offer?
Consumer credit counseling includes
a wide variety of services including education on budgeting,
learning to use credit wisely , dealing with creditors, and
managing past and current credit and debt.
Do you offer free information
Yes, it cost nothing to find out how consumer credit counseling
can help you manage your finances. Our credit counselors will
give you lots of tips and information.
you offer "credit repair" services?
If you are referring to the services advertised which includes
"erasing" bad credit, the answer is no. Our counselors
will be able to help you find out how to fix a credit report
with inaccurate information, but no one can legitimately "erase"
past credit errors.
Is consumer credit counseling similar to bankruptcy?
Not really. Consumer credit counseling is designed to help you
manage your prior credit obligations by advising you on budgeting
and other ways to effectively manage your bills. We guide you
on how to set up payment plans if you are behind and work on
ways to keep you on track to becoming debt free. While there
are several types of bankruptcy, most people choose to eliminate
all debts. While this does stop creditors from hasseling you,
it can remain on your credit report for up to 10 years. Bankruptcy
may make is difficult to get loans for a long period of time.
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