Tag Archives: credit counseling agency

Debt Consolidation

Debt Consolidation Debt consolidation involves combining all bills into one monthly payment.  Ideally, if you are in a position to do it, you would take out a secured loan on your home or even your auto and pay off that confusing mess of credit card debt with all their different due dates and interest charges.

Credit repair businesses under fire

Credit Repair Businesses are controlled by Feds The Consumer Financial Protection Agency is now studying Credit Repair Organizations and may come up with new regulations at some future point.  Until that point is reached this is the current state of the law. The Federal Credit Repair Organizations Act (CROA) is the law that governs businesses

Be Alert: “Credit Repair Professionals” scams

Credit Repair Professionals or Do it Yourself? It is my bedrock philosophy that those who are ready to make a serious effort to improve their credit score should start the process themselves.  It is necessary to have at least some basic understanding of how the system works.  Beginners need to adhere to the guidelines contained