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Credit counselors are a good thing since they exist to help people who have amassed too much debt dig their way out. They can often offer a glimmer of hope to those who don't know what to do about their money problems.
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∙ 12y ago
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Would a credit counselor be able to help me fix my poor credit?
The best type of help for a person with bad credit is a non-profit credit counselor. These types of credit counselors are funded by the government and they are not meant to make money out of a person's situation.
Can I get a mortgage with bad credit?
It is possible to get a mortgage loan with bad credit but you will have to pay a lot higher interest rate and the loan amount will be lower. You can go to HUD and talk to a counselor about securing a mortgage loan with bad credit. There are a few different options for people with bad credit.
Who can help a person with a bad credit?
Someone who helps a person with bad credit is called a debt counselor or debt consolidator. Many finical agencies such as banks and credit unions offer consultations with these professionals.
How can one clean up their credit?
To clean up credit contact a reputable credit counselor. The credit counselor will give guidance on how to manage finances so credit reports and scores will be better. It will probably take some time before a person has good credit again.
Can you get a home loan with bad credit but a good job?
It depends on how bad the credit and how good the job.
If someone with great credit co signs for some with bad credit does it help the person with bad credit?
The person with bad credit pays back the loan that the good credit helped him with in good payment statis. Have payment met on time or a little early will help the person with bad credit. The person with good credit is very generous with his credit. If the bad credit person does not pay on time or falters the loan. the Good credit person will have a problem . Not the bad credit person. Helping someone get back on their feet is a good thing. Make sure that your Good credit is not in jepordy.
Who does one talk to when you need money fast?
"When one needs fast money, a good person to talk to would be a credit counselor. A credit counselor can educate you on how to come out of debt and avoid future debt."
Will a credit counseler help you get a debt settlement on your credit card?
A credit counselor may be able to help you get a debt settlement on your credit card. It will depend on if the counselor only gives you ways to get out of debt or if they are a settlement counselor.
What can be done to clean up a person's bad credit history?
The things that are able to be done to clean up a person's bad credit history include the following: contacting creditors or seeing a credit counselor and paying one's bills on time.
You need good credit to lease a vehicle?
People with bad credit will have more difficulty leasing a vehicle. Different lenders have different criteria for what is good credit and what is bad credit.
How can you clear bad credit for good?
You can clear bad credit for good buy paying rent or car payments on time. You need to do this consistently for a few months to insure the clearing of bad credit.
Is 699 credit score good or bad?
Good
