Addresses listed for internet and telephone credit counseling agencies may be outside the requested state or judicial district. In such cases, the credit counseling agency is physically located in another state or judicial district, but is approved to provide credit counseling in the requested state or judicial district. In some states and judicial districts, credit counseling may be available only by internet and telephone, and not in person.

Yesterday, I received the first letter saying that one of my medical bills was going to be removed from my credit report due to "certain qualifying circumstances". I automatically saved $500 in a medical bill literally with a $4.00 investment on the certified mail tag. So I only have 6 derogatory marks left as of today (not refreshed on my report yet, I hope to see them out on June). All my debts are supposed to fall off by the end of 2015 and beginning of 2016 since my financial crisis was by the end of 2008. I learned that in some occasions if the collector can't validate the account, if have errors on the date of reporting, or they fail to send you an offer to settle the debt they should remove the debt too (I got my JC Penney account removed from my credit because they failed to send me settlement offer when they sold my account to a different collections agency). In other cases as per my readings if they think that the debt is uncollectable they can decide to remove it from the credit report without much fuss or just don’t answer to the dispute letter so you can dispute Transunion and get it removed.


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We believe that it is absolutely necessary that consumers are made explicitly aware that most credit problems information is FREE and readily available. Also, there is nothing that a credit repair firm can do that they can't do themselves with the proper knowledge. However, just like any subject matter, there is a learning curve and many need assistance right NOW. No one should have a problem with a consumer willing to pay for clarity and a better way to navigate the system. This is what any good consultant will do in any industry.
Unsecured loans, on the other hand, are not backed by assets and can be more difficult to obtain. They also tend to have higher interest rates and lower qualifying amounts. With either type of loan, interest rates are still typically lower than the rates charged on credit cards. And in most cases, the rates are fixed, so they do not vary over the repayment period.
If you are having trouble paying your bills each month and need moderate debt relief, credit counseling and enrollment, for a fee, in a debt management plan (DMP) could be an effective option. Credit counseling does not reduce the amount of debt you owe. Instead, a credit counselor can set up an affordable payment plan via the DMP and offer lower interest rates that have been pre-negotiated with your creditors. This lets you focus on one interest rate and one payment per month, which can be helpful if you are struggling with lots of accounts that have high interest rates.
If your credit history is not where you want it to be, you're not alone. Improving your credit scores takes time, but the sooner you address the issues that might be dragging them down, the faster your credit scores will go up. You can increase your scores by taking several steps, like establishing a track record of paying bills on time, paying down debt and taking advantage of tools like Experian Boost™† , a new product that allows you to add utility and cell phone bills to your credit file.

Borrowing from family and friends to consolidate your debt is the best option when you know someone who has the resources to help you, is willing to help you, and does not need a swift repayment. You should consider this option when you have a good relationship with someone who wants to help you and forgive the occasional late or missed payment, due to unforeseen events. Additionally, this is a good option when the lender offers lower interest (or no interest) than you are currently paying and a repayment schedule that you can afford, even if it takes you several years.


Debt relief companies typically charge a percentage of a customer’s debt or a monthly program fee for their services. And they aren’t always transparent about these costs or drawbacks that can negatively affect your credit score. You might pay other fees for third-party settlement services or setting up new accounts, which can leave you in a worse situation than when you signed up.
Things move slowly in credit repair. A letter is sent to the credit bureaus to dispute any inaccurate items on your report. Once the letter is received, they have 30 days to respond to your dispute. This may be the start of various 30-day waiting periods. One of the complaints most expressed by consumers is the long duration of the process. Naturally, there’s cause for concern when you’re subscribed to a service that bills you every month. But to be fair, credit repair does not occur overnight.
Although it’s not possible to settle or discharge balances on federal student loans without declaring bankruptcy, it may be possible to settle private student loan debt. Some student loan servicers may be willing to let you out of a student loan for less than you owe. However, you need to go into the settlement negotiation with realistic expectations and the right negotiating tactics.

Adding new accounts to your credit file also reduces the average age of your credit, or how long you've maintained open accounts. This can impact your credit score and is one reason to consider keeping your paid accounts, which contribute to a longer credit history, open. Instead of closing the accounts, put the cards in a drawer or somewhere you won't use them.
If you’re struggling to keep up with credit card bills, consolidation can give you the breathing room you need to pay down debt. It can lower your payments, reduce interest costs and help you reduce debt quicker. Ideally, the rate you receive on the loan is lower than the combined interest rate on your credit cards. You’ll need good to excellent credit (690 to 850 on the FICO scale) to qualify for the lowest rates.
Pay off debt rather than moving it around: the most effective way to improve your credit scores in this area is by paying down your revolving (credit card) debt. In fact, owing the same amount but having fewer open accounts may lower your scores. Come up with a payment plan that puts most of your payment budget towards the highest interest cards first, while maintaining minimum payments on your other accounts.

Many approved credit counseling agencies provide counseling services in languages other than English. For a list of agencies and the languages that they offer, select the language from the drop down list below and click "Go". If you are looking for a language that is not found on the drop down list, please contact the Credit Counseling Unit at the Executive Office for U.S. Trustees at [email protected]


Business Description: Solve a real life problem! Medical billing mistakes cause unnecessary stress and cost to nearly all Americans. Medical Debt Solutions are very passionate for patients who are already overwhelmed with their medical issues, now having to struggle with huge medical debt, which is often full of errors. By auditing your health insurance companies for mistakes, we make a difference. With over 20 years of medical billing, collections and auditing experience we work for patients with concerns about their medical bills. HIPAA Compliant
On your initial free, confidential consultation, CuraDebt takes the time to understand your current financial situation, as well as your short-term and long-term goals. CuraDebt has access to the top A+ rated professionals and companies in the industry. Based on a thorough understanding of what you want to accomplish, CuraDebt will connect you with the right staff that can best help you reach your goals.
Professional credit repair specialists can provide a variety of options for how to handle negative items on your credit report, give you the pros and cons of each, and help you decide the best way to proceed based on your circumstances and your long-term credit and financial goals. These options may include disputing, paying off, negotiating removal, settling, or waiting out the credit reporting time limit.
This product is also known as Personal Credit Builder, and is based on the software tool called Credit Money Manager that many professional credit repair businesses use. Personal Credit Repair Software automatically imports your credit information from the credit reporting agencies, and then walks you through the steps required to identify and dispute erroneous entries on your report. This software also comes with bonus products, tips and strategies included in the price.
DebtHelp.com is the one site and the one solution for all of your debt consolidation needs. Let our staff of financial experts, innovative technology and collection of helpful articles assist you in finding your debt solutions. By providing simple and secure quotes for nearly a dozen different debt products, we help our customers to rid themselves of debt quickly and easily.
A home equity loan allows you to borrow a lump sum with a fixed interest rate, and a home equity line of credit (HELOC) — where you draw against the equity whenever you need it — has a variable interest rate, so the rate can increase over time. The interest rates on both types are significantly lower (around 7%, as per U.S. Bank’s calculator for a $15,000 loan or HELOC) than those of credit cards, which are averaging APRs of 17%. You would be switching unsecured accounts — your credit cards — for loans that are secured by the property.
When you’re wading in a sea of debt, it can feel overwhelming to stay afloat. This debt consolidation calculator is designed to help determine if debt consolidation is right for you. Fill in your outstanding loan amounts, credit card balances and other debt. Then see what the monthly payment would be with a consolidated loan. Try adjusting the terms, loan types or rate until you find a debt consolidation plan that fits your goals and budget.
I was thinking the other day about how the TV show is very similar to a battle with debt. When you're in debt, it can feel like you're carrying around a second person, experiencing frugal fatigue, or that you have a spare tire of bills around your waist. I know because I'm working on getting out of debt myself. I realized that there are 3 major points we can learn from the MTV show I Used to Be Fat when trying to take control of our debt.
Another option is consolidating your debts into one manageable account. The main purpose of this is to eliminate the higher interest rate debts, arrive at lower monthly payments and allow you to concentrate on making just one payment. However, this does nothing to your total balance. What you will be doing is shifting all of your debts into just one account.
Sky Blue’s essential credit repair plans include an initial analysis of disputable items, in which an expert evaluates your credit report line by line and identifies potential errors for you to review. Once you’ve reviewed the initial report and confirm that it is accurate, they check which items could have the most potential impact on your credit, and prioritize those.
Get a debt consolidation loan. A debt consolidation loan can enable you to pay off your debt, leaving you with only one monthly payment to deal with. Whether you opt for a debt consolidation loan that consolidates all your debt, or a credit card consolidation that lets you pay off all your credit card debt, debt consolidation loans should be at a lower rate of interest than the interest on the debt you’re paying off. You’ll still have to make monthly payments, but the payments should be lower than you were required to make on all your credit cards and/or debt in total.
Advertiser Disclosure Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.
Your income. Lenders may require a minimum annual income and will consider your debt-to-income ratio. A debt-to-income ratio is the percentage of your gross monthly income that goes toward paying your debts. A lower ratio is better because it shows that you don’t spend too much of your income paying debts. Some debt consolidation loan companies allow debt-to-income ratios as high as 50%, meaning your monthly debt obligations should add up to no more than half of your gross monthly income.
The second option is to escalate your dispute and hire a reputable credit repair company to help. Good credit repair companies have experience working with these matters and can often bring additional resources. Keep in mind that a reputable credit repair agency will never promise results and won’t take payment until they’ve rendered services on your behalf.
No matter which methods you use to address your individual credit problems, you need to start by putting together a focused financial plan. This means going through your credit reports — all three of them — line by line and determining which items can be addressed (and which can’t). You should also put together a solid budget, with designated funds for paying down debt and saving for retirement.

Debt settlement companies, also sometimes called "debt relief" or "debt adjusting" companies, often claim they can negotiate with your creditors to reduce the amount you owe. Consider all of your options, including working with a nonprofit credit counselor, and negotiating directly with the creditor or debt collector yourself. Before agreeing to work with a debt settlement company, there are risks that you should consider:
Why this credit card is one of the best: The Chase Sapphire Reserve card offers a $300 annual travel statement credit against travel purchases charged during the year, including flights. Once you earn the credit, you can begin earning three points per dollar on travel purchases. You also earn three points on dining and one point on all other purchases. When you redeem points for flights through Chase Ultimate Rewards, they're worth 50% more in travel value.
It takes time to rebuild a bad credit history. Your credit score considers your most recent credit history more significantly than older items. A good credit history typically has a minimal number of negative entries and lots of recent positive credit information. A few months of on-time payments is a step in the right direction, but it won't give you excellent credit right away. As time passes and the negative information falls off or gets older, and you replace it with positive information, you'll see your credit gradually improve.
We are continually updating the software with new features, and we incorporate features that our users need to stay competitive and efficient. Our focus is total automation, and we are releasing a new feature almost every week. The Client Dispute Manager has all of the training you need to run your credit repair business; it has credit repair, business, lead generation, and software training all in one place. Once you are well equipped with the training, it will be easy to source for clients and be ready to start your business.
There are a lot of cards in my wallet that I plan to keep open for a long time, but the only ones that I know with 100% certainty I’ll keep open forever are the ones that don’t charge an annual fee. Benefits change, loyalty programs get devalued, and your favorite card right now might be obsolete in five years. By including a few no-annual-fee cards in your early applications, you can hedge against this and build a sustainable credit score.

In general, credit repair software tools work by scanning your credit reports (entered either manually or automatically through the software) and then allowing you to identify the entries you wish to dispute. Once the erroneous entries have been identified, the software takes over and can create, track and manage the dispute process, generate dispute letters, graphically display the progress of your disputes, and more.


First off, let’s explore the concept of “debt consolidation” in a little more detail. If you have lots of debts and you’re finding it difficult to keep up with your payments, a debt consolidation loan allows you to merge them together into one monthly loan to lower your payments. Essentially, you’ll simply borrow enough money to pay off all of your existing debts, meaning that you’ll only owe money to one vendor. This can provide you with more breathing room with which to pay your debts, thereby keeping the debt collection process at bay.
If you’re a customer of a local bank or a member of a credit union, you can talk to a loan officer about whether you qualify for a personal loan (and what the rate and terms are, if you do). The institution may look beyond your low credit score and take into account your entire financial history, personal circumstances and relationship with the bank or credit union.

Credit card debt is one of the most common forms of debt in the United States. Using credit cards is one of the nation’s primary spending mechanisms – consumers enjoy how easy it is to obtain and use credit cards. Credit card providers want their clients to carry balances on their credit cards because it means they generate more money via interest. After the financial crisis in 2007, families in American began to take on more credit card debt to help make ends meet. This meant that many lenders ended up in a bit of hot water.
Not only that, but the loan may save you quite a bit of money over time. If that single loan payment is less than the total amount you were paying to all of your different creditors, then you’ll save money every single month that you can save or put towards paying off your debt even faster. And if the interest rate on your new debt consolidation loan actually leads to you paying less interest over time, you’ll spend less of your income on debt and more on things that actually matter.
Following the Section 609 Credit Repair strategy has made a difference for many people. People report that their disputed accounts or negative items on their credit scores have been deleted, and their credit scores have improved greatly. All it takes is some time and a simple letter, and your ability to live free from the burden of bad credit is well on its way. Remember a reputable credit repair service will undertake this work for you too.
With the exception of your spouse, other family members will not inherit your debt after your death. The exceptions, of course, are those family members who co-signed or applied for credit together with you. In this case, the surviving parties will have to take responsibility for what is owed. Some people set up life insurance policies to take care of any unpaid debts in the event of their death. Speak to a professional about what options are available 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).
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