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Can you still use credit card after doing the debt counseling?
Wiki User
∙ 14y ago
Once you are enrolled in a debt counseling program, using your credit cards is no longer an option. Credit cards are an easy way to mount up your debt situation. One of the principles in debt counseling is not incurring new debts. You cannot use your credit cards when you are undergoing debt counseling. You will also need to cancel your credit card insurance.
Wiki User
∙ 14y ago
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If you use a debt counseling service that consolidates your debt for you can you still make payments to your credit card company directly?
When you use a debt counseling service that consolidates your debt for you, you are supposed to make one monthly payment to the credit counseling company instead of paying your credit card companies individually. However, if you come into some extra money and you want to make an extra payment directly to the credit card company, you may need to do some research. Once you sign a contract with your credit counseling company you'll need to abide by the terms of that agreement. Many credit counseling companies want all payments made to your credit cards to go through them. This will mean that you will need to send the extra money to the credit counseling service rather than directly to your credit card company. Another thing to think about is if you do send the funds to the credit counseling service, you might not have any control over which credit card they apply it to. You can tell them where you would like it applied, but that doesn't necessarily mean that's where they have to apply it.
Why does credit card counseling often fail?
Most credit card counseling plans can only decrease the amount of interest you have to pay per year. They don't actually decrease the amount that you owe on your debt.
What are some names of agencies that offer credit card debt counseling services?
They are a number of credit card debt counseling services online that one may go to for help. They include, Takechargeamerica, Creditadvisors, and Familycredit.
Where can one find non-profit credit card consolidation?
One can find non-profit credit card consolidation by visiting the Consumer Credit Website, a company that specialize professionally in credit and debt counseling.
What help will one receive at a Consumer Credit Counseling Service center?
Consumer credit counseling services help overextended credit users eliminate high interest rate credit card debt. It's their mission to help you regain financial stability. Certified credit counselors evaluate your debts, budget, and credit. Then they help you identify the best way to get out of debt in your situation.debtredemption.
Can you get a Canadian credit card if you are not Canadian?
It depends if your Canadian or not, you can still get a credit card.
What services are provided by Consolidated Credit Counseling Services Inc?
The CCCS of Greater Dallas offers a wide variety of help and counseling for financiers in rough situations, such as bankruptcy and debt holes. The services offered includes financial counseling, bankruptcy services, credit report reviews, debt management plans, housing counseling, and more.
Can you apply for the same exact credit card you already have if the new credit card offer is better and how does doing this affect your credit?
Yes you can apply for exact credit card, it won't affect your credit at all.
When you use a credit card you are doing what?
Spending with interest
Credit Counseling?
form_title=Receive Credit Counseling form_header=Professionals can help you regain control of your finances. What is your total amount of debt?=_ How many credit cards do you own?=_ Are you currently employed?= () Yes () No What kind of debt do you have?= [] Credit Card [] Auto Loan [] College Loan [] Mortage [] Other
Where can I learn about credit card debt?
Consumer Credit Counseling Service is the organization you need. They have local branch offices in many cities in the United States.
Should you get a credit card to repair your credit?
You may do that in case of credit card consolidation wherein your credit card debts are consolidated into one credit card. However, if you can still negotiate to lower your interest rate and monthly payments; it is still better to pay off your debt with cash and not consolidation.
