How Does Consumer Credit Counseling or Debt Affect Credit Rating?
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I need to know how actually consumer credit counseling actually affect my credit rating.Please let me know
Building Corporations with Credit and Private Investor Funds
Learn the insider secrets to creating corporation credit. Full info & flowcharts that we use to create our Corporations with Credit for resale. Start ups to $5 Million in reported credit lines. Over 50,000 Clients purchased our proven system via PayPal®.
Your credit score is affected by two things. Your payments and your debt to income ratio. So, if you have never been late on anything but your debt keeps increasing, then eventually your scroll will start dropping. Many people are so worried about their credit score and would rather drown in debt than have their score affected. This is why many people are against any debt solutions out there. Its like wondering why would any one have a perfect lawn, but the house on it not be live able. There are many debt programs out there that can help get rid of debt, but there are also many scams out there as well. Each as its pros and cons, and honestly not all affect your score. Some actually may help it in the long run. All the debt solutions out there work, but they DO NOT work for all. Meaning, you have to find a solution that is tailored to your circumstances and debt needs.
I used to work for a debt management firm for many years, but left after having my child. Let me know if you have any questions. You can reach me at life77449@yahoo.com and I can forward you my contact information.
Hope this helps. Best of Luck.