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Does Debt Relief Hurt Your Credit?

Credit Corp

Debt settlement, for example, utilizes some tactics that generally have a more negative effect than other types of debt relief programs. Credit.com’s free credit report card tool can help you better understand your current creditworthiness and which factors you need to work on to help you improve your standing.

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Determining Your Debt-to-Income Ratio

Debt Guru

It’s called your debt-to-income ratio, and it’s your total monthly debt payments divided by your gross monthly income. The result is a percentage that determines your creditworthiness – in short, if lenders believe you’ll be able to repay the loan. Contact our experts today to begin your journey out of debt.