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How Does Credit Counseling Work and Is It Right for You?

Credit Corp

Credit counselors are trained professionals who help individuals and families work to get a handle on their debt so they can lay a stronger financial foundation for the future. How does credit counseling work? It’s also important to do your research to make sure you are working with a legitimate, certified credit counselor.

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Impact on Credit Score due to a Medical Debt Default

Nexa Collect

If you encounter medical debt issues, it’s important to communicate openly with your healthcare provider and insurance company, and if necessary, seek advice from a consumer credit counselor or attorney.

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What Happens if you Ignore a Debt Collection Agency

Nexa Collect

Consulting with a financial advisor, credit counselor, or attorney can also be helpful in navigating the complexities of dealing with debt collection agencies. It’s also important to know your rights under the relevant laws, such as the Fair Debt Collection Practices Act (FDCPA) in the United States.

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Free Credit Repair for Low-Income Individuals?

Credit Corp

The Consumer Financial Protection Bureau recommends keeping credit utilization under 30% for the best results. Working With a Credit Counselor Not sure how to pay down your debt or get hold of your current financial situation? Working with a reputable, certified credit counselor might help.

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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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Impact of Debt Collector’s Call on the Debtor

Nexa Collect

If someone is struggling with debt, it can be helpful to speak with a credit counselor or attorney to understand the options for managing and resolving th

Debtor 100
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FTC Safeguards Rule Deadline Extended, But Don’t Wait to Implement Data Security Compliance Protocols

Fraser

Any business whose activities are “financial in nature or incidental to a financial activity” may fall under the regulation; such businesses include, but are not limited to, insurance companies, mortgage lenders and brokers, car dealers, payday lenders and finance companies, collection agencies, credit counselors and other financial advisors.