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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!
What else can I help you with?
Where can one apply for debt consolidation with bad credit scores in Alberta?
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.
Where can someone get a debt consolidation loan with bad credit?
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.
Is credit consalidation bad for your credit score?
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.
Is there a place I can obtain my credit score/report, and get advice on those credit scores?
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.
Does consolidating debt have a negative impact on credit scores?
Consolidating debt can have a temporary negative impact on credit scores because it may result in a new credit inquiry and a change in credit utilization. However, in the long run, if the debt is managed well, consolidation can improve credit scores by making it easier to make timely payments and reduce overall debt.
Does a parent's credit score affect student loan?
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.
What is a credit counseler?
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.
Where to get credit score advice before checking my credit again.?
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.
What is a credit counseling agency?
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.
What are the benefits of applying for a secured consolidation loan?
Applying for a secured consolidation loan can offer benefits such as lower interest rates, simplified debt management, and the potential to improve credit scores by making timely payments.
How are Clep scores sent to colleges?
By awarding credit or an exemption for a passing score
What is better debt settlement or consolidation?
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. |}
