Category:
Credit Counseling
“Credit repair” probably sounds like it should be something helpful, right? After all, what could be wrong with wanting to repair your credit? But when it comes to financial services…
Getting married will not affect your credit score. When you say, “I do!” in exchanging wedding vows, you don’t mean exchanging credit scores. “When you get married, you have two…
Dealing with credit card debt has always been tough, but getting out of debt is harder now than it’s ever been. That’s because the average interest rates on credit cards…
Things change after college. Your new boss won’t be as lenient as your old professor. Instead of a GPA your new obsession becomes your credit score. Rent may double or…
Millions of Americans living paycheck to paycheck are familiar with that sinking feeling of being unable to get out of debt and keep up with bills. If you’re one of…
Credit counseling is a vastly under-tapped resource for people crippled by debt. A credit counselor’s goal is to educate consumers about the cause of their debt and offer solutions that…
Money woes plague countless millions of Americans, stressing marriages and giving rise to feelings of hopelessness. For many mired in debt, credit counseling offers a lifeline to solvency and better…
Good credit means better interest rates on homes, cars and credit cards, lower insurance rates, easier access to rental apartments and utilities and maybe even better job opportunities. Consumers with…
There are two terms that consumers with blemished credit reports should be careful with: credit repair and credit counseling. Credit repair companies are to finances what car repair is to…
Pros and Cons of Debt Consolidation and Credit Counseling The short answer to that question is: Yes. As flippant as that sounds, it can’t be stressed enough that if your…
Sources:
- N.A. (2024, November) Credit Repair Services Market. Retrieved from: https://www.researchandmarkets.com/report/credit-repair-services
- N.A. (2022, January) Annual report of credit and consumer reporting complaints. Retrieved from: https://files.consumerfinance.gov/f/documents/cfpb_fcra-611-e_report_2022-01.pdf
- Luthi, B. (ND) How Does Credit Repair Work?. Retrieved from: https://www.experian.com/blogs/ask-experian/how-do-credit-repair-companies-work/
- N.A. (ND) How much does Lexington Law cost? Retrieved from: https://www.lexingtonlaw.com/faq/costs
- N.A. (2024) Semi-Annual Report of the Consumer Financial Protection Bureau. Retrieved from: https://files.consumerfinance.gov/f/documents/cfpb_spring-24-semi-annual-report_2024-12.pdf