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Does Debt Relief Hurt Your Credit?

Credit Corp

As long as you stick to the minimum payments needed on all of your other credit accounts while you work to pay down your debt, this method has little immediate impact on your credit report and a reliably positive one in the long term. Counselors may offer free or low-cost consultations and educational materials.

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Freedom Debt Relief Sued for Misleading Consumers

Debt Free Colorado

If you’re considering hiring Freedom Debt Relief or another debt settlement or debt consolidation provider, perhaps it’s time to reconsider. Creditors are not required to participate in or cooperate with a debt management or settlement. settlement providers, by contacting your creditors directly.

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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.