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Credit Counseling evaluates your credit in the way of finding the good ways and bad ways. By doing this you can improve your credit. Credit counseling help doing what needs to be done.

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โˆ™ 2012-01-12 15:13:19
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Q: Will credit counseling hurt your credit?
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Will debt counseling hurt your credit?

Getting debt counseling is a good thing and shows your willingness to take care of your debt in a responsible way. If you are undergoing debt counseling, a notation to that effect may be appear on your credit report. This does not affect your credit score but how each creditor views this notation, differs from creditor to creditor. While it may seem unfair, there are some creditors who view debt counseling as a negative to your credit worthiness. In their view, the fact that you are in an unmanageable debt situation is not a good sign, unless you can convince them otherwise. So the reality is debt counseling may hurt your credit, depending on the subjectivity of the creditor.AnswerDebt counseling will never hurt your credit, since it is an educational activity. If you choose to enroll in a debt management program, that does not hurt your credit either. What could hurt your credit is closing any accounts that have substantial available credit. Other than that, your credit generally improves over the life of the debt management program.

What are some reputable credit counseling companies?

There are many reputable credit counseling companies. Some of the most reputable ones include '123 Credit Counselors, Inc', 'Abacus Credit Counseling' and 'Advantage Credit Counseling Service, Inc'.

What are the benefits of consumer credit counseling?

The benefits of consumer credit counseling is that you will get some helpful advice on how to get your consumer credit back on track. There are many benefits that come with consumer credit counseling.

Where can a person get advice on credit counseling?

There are a number of sites one can visit to get advice on credit counseling. One can find such advice at the 'National Foundation for Credit Counseling' or 'Better Business Bureau' who have a good advice on choosing a credit counseling agent.

Who has the best online credit counseling?

There are quite a few large Credit Counseling Companies online. There are several websites with reviews and testimonials about the major Credit Counseling Companies.

Do you have to get credit counseling before you can file for bankruptcy?

You do not have to necessarily get credit counseling before you can file for bankruptcy.

What kind of company is Careone Credit Counseling?

Careone Credit Counseling is a debt relief company that helps consumers get out of debt with the help of a trained credit counselor. They also provide credit counseling for those in need.

Where can one get credit card debt counseling services?

Credit card debt counseling services are available from a number of sources. Such sources include Debt Helper, Consumer Credit, and the National Foundation for Credit Counseling.

When was National Foundation for Credit Counseling created?

National Foundation for Credit Counseling was created in 1951-01.

What services are provided by Consolidated Credit Counseling Services Inc?

Consolidated Credit Counseling Services, Inc. offers services such as reduction of credit card payments. Consolidated Credit Counseling Services, Inc. also offers services for debt management solutions and credit and housing counseling opportunities.

What companies specialize in consumer credit counseling?

American Consumer Credit Counseling, Horizon Credit Counseling, Christian Debt Counselors and Clear Point Financial Solutions are all consumer credit counseling. Each of these companies is also classified as a non-profit organization.

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.

Where can someone get consolidation credit counseling?

You can get consolidation credit counseling online at the ConsolidatedCredit Organization website. Alternatively, you can also get this type of counseling from websites such as ConsumerCredit.

What companies provide credit counseling?

Credit Counseling can be seen as it's own business and there are many place where credit counseling is their only job. Banks usually have options available for someone as well.

Where can one find online a credit counseling program?

One can find a credit counseling program online by searching credit counseling program. There are many programs out there, each offering different solutions.

Where can I get free credit counseling in Detroit, MI?

Christian Credit Counseling offers free counseling that may help you. In Detroit, they can be reached at (248) 557-7341.

What companies offer credit counseling and debt consolidation services?

There are a couple of companies that offer credit counseling and debt consolidation services. Some of those companies include Car One and Credit Counseling.

Where can one get Christian Credit Counseling?

Christian Debt or Credit Counseling is provided by such companies as Christian Credit Counselors, Family Life Credit, Family Life Resources, and Christian Credit Counsel.

What companies offer non profit credit counseling?

The United States Department of Justice website has a list of approved Credit Counseling Agencies by state. Companies likely to offer non-profit credit counseling services include CareOne Debt Relief Services, AAA Fair Credit Foundation, Springboard, Money Management International, American Consumer Credit Counseling, American Financial Solutions, Take Charge America, ClearPoint Credit Counseling Solutions, InCharge Debt Solutions and Alliance Credit Counseling.

What is the purpose of credit counseling?

The purpose of credit counseling is to let a person know ways to reduce their debt. They also counsel people in ways to stay out of debt. A person might need credit counseling if they are about to file for bankruptcy.

Where can one get some consumer credit counseling?

American Consumer Credit Counseling is a nonprofit credit counseling agency that helps consumers take control of their financial lives through credit counseling, debt consolidation, and financial education. Since 1991, we have been improving lives and providing solutions to people in need of financial help debtredemption.

Is there a credit counseling program that won't ruin your credit score?

Their are several credit improvement programs available online for free. You dont have to report credit counseling services so it shouln't affect your credit score.

What type of services does the National Foundation for Credit Counseling provide to their clients?

The National Foundation for Credit Counseling provides credit counseling, housing counseling, bankruptcy counseling and education, and financial education to their clients. They also have tools available to help consumers learn to budget, tips on how to save and resources to teach kids how to save.

Are there many legit Credit Counseling services in Cleveland?

Credit counseling services are more than likely a scam in the majority of cases, which is unfortunate. In the Cleveland area, there are very few credit counseling services at all, but most of them are illegitimate.

What services does the Debt Management Credit Counseling Corp offer?

Debt Management Credit Counseling Corp offers a number of services including counseling programs, debt management plans, education programs, and credit score analysis.