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Does Debt Relief Hurt Your Credit?

Credit Corp

Credit Counseling Immediate credit impact: None expected Long-term credit impact : None expected A credit counselor is a professional adviser who helps you manage and repay your debt. Counselors may offer free or low-cost consultations and educational materials.

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You’re in Debt: 9 Terms to Know

The Kaplan Group

If you have always prided yourself on being debt free, or good with money, you might be tempted to simply pull the covers of your head and ignore your current situation. Instead, I suggest you do what you can to educate yourself about your options. FDCPA ( Fair Debt Collection Practices Act). Credit Counselor.

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What is a Judgment?

Credit Corp

These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. Educate yourself on smart ways to pay debt collectors , and consider using the services of a debt management agency. The lessor of these two amounts applies.

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What Is a Judgment?

Credit Corp

These payments are sent to the judgment creditor until your debt is paid. The Consumer Credit Protection Act caps these types of garnishments. Educate yourself on smart ways to pay debt collectors, and consider using the services of a debt management agency. The lessor of these two amounts applies.

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Freedom Debt Relief Review

Better Credit Blog

Debt relief companies are not your only option for dealing with debt. You can use several methods: Consumer credit counseling. Typically, they’ll offer you an appointment to assess your situation and suggest a debt management plan. This is always a good first step before turning to a debt relief company.