We recommend having both as it sets you apart when dealing with clients. Some clients, as well as sources recommending their clients to you for services, prefer that they are referring their people to a credit score specialist rather than a general credit consultant. It's really the same thing and just semantics. However, we must provide the market the title or credentials it desires one to have. Therefore, having both certifications is best. You will also have the option of getting an additional certificate titled: "Certified Credit Repair Specialist" after passing our BCCC exam. The digital version cost for this is only $20 and our certificate department will send this custom certificate to you.
Avant may be a good choice for a personal loan if you have poor credit, such as a credit score below 600. Many of the best debt consolidation loans require that you have a credit score of at least 600, and while Avant states that its customers typically do have scores between 600 and 700, it does aim to offer personal loans to a wide variety of borrowers. So if your credit score isn’t top notch, you may still be able to borrow between $2,000 and $35,000. However, there’s an administration fee of 4.75%, and APRs range from 9.95% to 35.99%. Loan terms range from 24 to 60 months (two to five years).
If you’re having a hard time getting access to credit, ask a family member or friend to co-sign a loan or credit card. This is a huge favor: You’re asking this person to put his or her credit reputation on the line for you and to take full responsibility for repayment if you don’t pay as agreed. The co-signer may also be turned down if they apply for more credit later because this account will be considered in assessing their financial profile.

For many, just the lost wages and child care costs already exceed the $14,000 average estimate of the total costs of preparing for first-time parenthood in the child’s first year that Americans cited in our survey. And this amount is before medical bills, formula, clothing, diapers, baby gear, or a larger home or car — more than half of Americans (52%) say they would need to take on additional housing costs, and over 2 in 5 (43%) would need to take on additional transportation costs in preparation for their child’s arrival if they became a first-time parent now.
This is the simplest form of consolidation. With this form of consolidation, you’re simply moving all your credit card debt onto a single card or payment. This means that you don’t have to worry about making multiple payments or potentially missing some payments. If you want to make your life easier, this is often a good option. This form of consolidation typically doesn’t save you money, just time.
For many people, wood windows are the only way to go from a beauty standpoint. Restorations Windows give you the beauty that you demand while also giving you the performance characteristics that are a must. And, unlike wood windows, Restorations Windows offer so many customizations that you can rest assured that your project will reflect your unique personality.
If you already have proof that an item is an error—or you do once you receive information related to a 609 letter—it’s time to write a dispute letter. The major credit bureaus currently allow consumers to send disputes online, so you can simply follow their online instructions. If you decide to mail a physical letter instead, send your letter via certified mail with return receipt requested.
If other options like making a budget or taking out a debt consolidation loan won’t be much help, Consolidated Credit might recommend signing up for its debt management program. There are two parts to this program. You and your credit counselor design a payment plan that you can afford to pay off all of your eligible debts. Your credit counselor also goes to your creditors and negotiates with them to reduce or eliminate your interest and penalties like late or nonsufficient funds fees.
When you're experiencing financial troubles, do not hesitate to pursue high-quality services and support. A good counselor can help you identify the best strategy for your unique situation. If you don't know who you owe or what your balances are, obtain a free copy of your Experian credit report through our website or through AnnualCreditReport.com. After reading it, you may decide that credit counseling is what you need to do to get ahead.
You’ll start the process by putting away money in preparation for debt negotiations. Your settlement company will tell you the total amount you need to save in advance. You’ll make a monthly payment into a dedicated bank account for several months or years, depending on your monthly budget and anticipated amount to be resolved. The account will be in your name and should be insured by the Federal Deposit Insurance Corporation (FDIC). It will be overseen by a trustee or account administrator.

Money-back guarantee — Discover offers a 30-day money-back guarantee. If you decide you no longer want or need the loan, you can return the funds for any reason within 30 days and you won’t be charged interest. But Discover warns that it can’t recover money that’s been paid directly to creditors, so you’d need to reimburse Discover for any money it already distributed to pay off your debts.
Business Description: www.scoreologyusa.com is a national credit repair company providing our clients with one on one unmatched customer service. We have a track record of proven, outstanding results. We offer a wide variety of credit repair, building and budgeting services. Give us a call to set up your Free Consultation. Scoreology was formerly known as Credit Dr.
Also, keep in mind that debt consolidation loans are a temporary fix. They don’t address the core problem of how you got into debt in the first place. If you opt for a debt consolidation loan, be sure to take additional steps toward financial stability, like creating a budget, curbing your overspending and looking for additional income opportunities. You should also avoid racking up new balances on accounts you just paid off.

Rebuilding your credit and improving your credit scores takes time; there are no shortcuts. Start improving your credit by checking your FICO® Score from Experian data and reviewing the individual factors that are affecting your credit scores. Then, learn more about how to build credit to improve your scores. And if you need help with credit mistakes from your past, you can learn more about credit repair and how to fix your credit.

Imagine you had $5,000 worth of credit card debt with an APR of about 25%. Over 36 months, the monthly payment on the debt would be approximately $240 and you would pay a total of $2,500 in total interest. If you were to consolidate this debt into a new loan with an average APR of 17% over 36 months, the total amount you pay toward interest would drop to around $1,700 and your monthly payment would come down to $200. In this scenario, the lower the APR on your new loan, the less you will pay toward interest over time.
After you have finished the interview you may want sell or provide the client a copy of the ICFE's Do-It-Yourself Credit File Correction Guide. The ICFE Guide has sample letters for your clients to use as a guide in making any changes desired.  If you provide them with a complimentary copy of the ICFE Do-It-Yourself Credit File Correction Guide, it is a $20-25 retail value, your cost is $7.50 each plus postage.
For openers, there will be late payment charges because you stopped paying and those add up fast with the high-percentage interest you’re charged. Also, service fees charged by debt-settlement companies can hit 25% of the balance the company is attempting to settle. You could be on the hook for taxes on the forgiven balance, which the IRS will consider ordinary income. And if it’s not already, your credit score will look like it was run over by a bankruptcy bus.
No. All eligible unsecured debt must be accounted for in a debt management plan, even those bills that you typically have no problem making payments on. The credit counseling agency in charge of your debt payment plan will want a full accounting of income and expenses in order to arrive at an accurate amount available to make the monthly DMP payments so be prepared to include all eligible debts.
You can certainly dispute your credit reports online, but we don’t recommend it. While convenient, it’s the least effective option for trying to remove negative items. There’s no paper trail for you to refer to and it’s easy to get lost in the shuffle. We advise that all credit bureau disputes are done through written letters with a return receipt.
A second option is consumer credit counseling. There is any number of consumer credit counseling agencies available on the Internet or you may be able to find one locally. The best of these are nonprofits. When you contact one of these agencies either via a website or in person you will have a counselor that will spend from 45 minutes to an hour with you discussing your finances. The best of these agencies charge nothing for that service.
Independent research from The Ohio State University has demonstrated the positive financial impact of financial counseling that accompanies a debt management plan administered by NFCC Member agencies. Most of these plans allow participants to repay all their unsecured debt within a period of only three to five years, thanks to the cooperation of creditors who can reduce interest rates and eliminate fees on the enrolled accounts.
As an ICFE Certified Credit Repair Specialist –CCRS™ you will teach clients how to obtain their credit reports from the three major CRAs. When the client has his or her credit reports in hand, you will review their credit reports, page-by-page, with the client present. The average credit report review and checking for mistakes takes about an hour and fifteen minutes.  Utilize the Credit File Review form on the CCRS™ Resource CD.

Prequalification available — When evaluating you for prequalification, Marcus uses a soft credit inquiry. So prequalifying with Marcus lets you see estimated loan amounts and terms you might qualify for without affecting your credit scores. Just remember that prequalification isn’t a guarantee of loan approval — and if you’re approved for a loan, it may be for different rates and terms than the terms you saw on your prequalification.
Credit scoring models usually take into account how much you owe compared to how much credit you have available, called your credit utilization rate or your balance-to-limit ratio. Basically it's the sum of all of your revolving debt (such as your credit card balances) divided by the total credit that is available to you (or the total of all your credit limits).
Government help with credit card debt. There's good news and bad news about this approach. The bad news is that "government debt relief programs" don't technically exist. But the good news is that the federal government does take steps to protect you from scams, offers online advice at Dealing with Debt and provides services that help you pay your bills.
Upon execution of the contract as provided in s. 817.704 or agreement between the buyer and a credit service organization and before the receipt by the credit service organization of any money or other valuable consideration, whichever occurs first, the credit service organization shall provide the buyer with a statement, in writing, containing all the information required by s. 817.703. The credit service organization shall maintain on file for a period of 5 years an exact copy of the statement, personally signed by the buyer, acknowledging receipt of a copy of the statement.
Negative marks and accounts on your credit report, such as delinquent payments, defaulted debts, or bankruptcy discharges, increase your credit risk, and thus will have negative impacts on your credit score. As you go through each credit report, it’s important to note the negative items on each report, as well as checking for any inaccuracies or errors.

Debt Relief is more important now than ever before. Across the country, millions of people are finding it more and more difficult to meet their financial obligations. As mortgage interest rates rise, Adjustable Rate Mortgage (ARM) payments skyrocket. Credit card late fees continue to climb higher. Lenders keep offering credit to people who are in desperate need of help, but this only prolongs the problem, and often ends up simply increasing the total debt owed by a person.


When accessing your online account, you’ll see how the process is moving along with regular progress reports and full analysis. You’ll also learn the ins and outs to avoid relapsing into bad credit in the future. Credit Saint wants to provide you with the understanding you’ll need to go forward and to generate month after month of positive credit history.
These are all relatively high-interest rates. Debt consolidation takes these separate loans and payments and combines them into one payment for you. You don’t have to pay for each company separately anymore. You instead make your payment to the company that consolidated the loan for you. Let’s say with a good credit score, consistent income and a decent debt-to-income ratio, you qualify for a lower interest rate of 8% on your new loan. Now you have one payment, at a lower interest rate, each month. 
Each of the nationwide credit reporting companies — Equifax, Experian, and TransUnion — is required to provide you with a free copy of your credit report once every 12 months, if you ask for it. To order, visit annualcreditreport.com, or call 1-877-322-8228. You may order reports from each of the three credit reporting companies at the same time, or you can stagger your requests throughout the year.

Another option is to use a secured loan to consolidate debts, such as a home equity loan or cash-out mortgage refinancing. However, using a secured loan to pay off unsecured debt (such as a credit card) can be risky. If you can't afford your secured loan payment, you might lose your collateral—your home in the case of a home equity loan or refinance.


Avant may be a good choice for a personal loan if you have poor credit, such as a credit score below 600. Many of the best debt consolidation loans require that you have a credit score of at least 600, and while Avant states that its customers typically do have scores between 600 and 700, it does aim to offer personal loans to a wide variety of borrowers. So if your credit score isn’t top notch, you may still be able to borrow between $2,000 and $35,000. However, there’s an administration fee of 4.75%, and APRs range from 9.95% to 35.99%. Loan terms range from 24 to 60 months (two to five years).
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