A good site for finding information regarding student loan consolidation and credit scores in relation to that would be at www.finaid.org. They state that a credit score of 650 or lower is regarded as "subprime", but lenders have been experimenting with accepting a wider range of credit scores. Good luck!
You can apply for debt consolidation with bad credit scores from the Alberta Credit Counseling company as well as many other debt management firms. It is best to seek out a reputable service for this.
There are several companies that offer debt consolidation loans for customers who have low credit scores. Some of these companies are LendingTree, LendersMark, and Rapid Loans Direct.
Yes it is! A credit consolidation is a bad credit item which ultimately lowers your credit score. It remains in your creditreport till 7 years and constantly affects your credit scores and your credit worthiness.
You can obtain your credit score from freecreditreport.com and from your bank or financial institute. You can also get helpful advice from these sources.
A credit counseling agency is a business, or partnership which gives advice on either boosting your credit scores, and expunging credit blemishes from your record.
If the student loan is taken out in the name of the student then no. The student's credit score is separate from anyone else's. If the student loan is taken out in the name of the parent or with them as cosigner then yes - their credit scores would come into play.
one excellent site that provides credit scores and advice is www.freecreditreport.com. not only does it provide a great service, but the service is completely free.
A credit counseling agency is a business, or partnership which gives advice on either boosting your credit scores, and expunging credit blemishes from your record.
By awarding credit or an exemption for a passing score
Hello There,Honestly it depends on your financial situation. In nutshell1. If you are paying all your monthly payments on time, you think the interest rate is very high, You are VERY concerned about your credit scores, you dont mind paying the complete amount.... just want the interest rates to be lower and the monthly payments slightly down, cannot afford to talk to creditors or collectors on phone..... then Debt Consolidation is the option for you.2. If you CANNOT afford your monthly payments at all, you are late on payments, or you are somehow managing to pay the minimums... If your credit scores are not the top priority in your life, if you are considering to file for a bankruptcy, then opt for Debt Settlement.Thanks!This is not legal advice...... Answer: {| |- | The most common debt relief options are: debt consolidation and debt settlement. Debt consolidation has a minimal effect on your credit. Debt settlement will have a larger effect on your credit. When a debt is settled for less than its full value, the creditor will note that on your credit report. |}
form_title=Online Credit Services form_header=Credit scores, reports and more! Get the information you need from the professionals. Do you know your recent credit scores? = () Yes () No () Not Sure Have you used an online credit service before?= () Yes () No What information or advice would you like from the online credit service?=_
There are many options of getting credit advice. There are many websites as well as people who do that primarily as a job. A website with helpful information is http://money.msn.com/credit-rating/9-fast-fixes-for-your-credit-scores-weston.aspx.