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Is it beneficial to join Consolidated Credit Counseling Services?

admin — Fri, 04 Jun 2010 10:40:26 +0000

Is it beneficial to join Consolidated Credit Counseling Services? Im making my payments on time and I always pay more that the minimum but I just want to start saving a lil bit more each month. My credit score is also good so I was wondering if I should join this program to reduce and consolidate my payments. That way I can have more cash free every month. Anyone out there with a similar experience?
My goal is not necessarily to pay them off fast is to have more cash flow during the month.

Why would you do that? Combining them will do nothing to get them paid off quicker. It will open them all up so you can charge them up again.

Follow Dave Ramsey’s debt snowball. Pay the minimums on all of them. On the one with the lowest balance, put ALL your extra money toward it. When it is paid off, take that minimum payment, plus the extra you were paying and apply it to the next smallest debt. Keep rolling this until you are paid off.

MATHEMATICALLY it would make more sense to pay the one with the highest interest rate first. BUT, you don’t have a math problem here, you have a behavior problem. Paying the smallest one down will give you a quick reward and will encourage you to stay on the plan. Yes, you may end up paying an extra $30 or $40 in interest over the course of the plan, but you are already paying double or triple on that latte you charged a year ago.

In the future, only charge what you can afford to PAY IN FULL as soon as the bill arrives.

Also, get together a cash emergency fund so this won’t happen again.

We are debt-free except our house and have about 6-month’s worth of expenses in the bank. We drive two paid in full cars that are only a few years old and we pay for everything in cash.

What would a "Credit Services Representative" do for a major bank?

admin — Thu, 29 Apr 2010 15:57:29 +0000

I think I have a fairly good idea of what this job is.

I’d just like to know some things to say if a recruiter calls me back.

Would I be funding loans for major commercial accounts? Extending lines of credit? Servicing the lines of credit? Making sure the accounts are in good standing?

Any advice from anyone who has worked in the credit industry would be appreciated. I’d like to sound somewhat educated if a recruiter calls me back.
mucho gracias

Here’s a job description for a credit services representative at Bank of America: http://careers.bankofamerica.com/JobDetails.aspx?SearchPage=ASP&CountryId=1&JobId=1000021793

It really depends on which department you are assigned. With a large bank, there may be a personal credit card credit services division, a business credit card services division, personal or business loans division…you get the idea. Your responsibilities will depend on where they put you and your role within the hierarchy (there are junior reps, reps, senior reps, etc.)
———————-
Worked for BofA at one time.

How to Use Consumer Credit Counseling Services?

admin — Sun, 18 Apr 2010 00:37:27 +0000

I need to use consumer credit counseling services.Can somebody gives me more information, on that.Please help.

Read here: http://www.nfcc.org/

i wanna apply for a credit card. which bank provides the best services?

admin — Thu, 08 Apr 2010 04:34:38 +0000

i have a SBI account. but i’ve heard they do not provide good services for credit cards. can i apply for another credit card which will be active on my SBI account? which credit card should i go for?

Hey buddy, if you need credit card for internet usage then I think HDFC bank is best.All their credit and debit card are with international recommendation.You can use them anywhere unlike other debit card,

their easy shop international debit card is good. If you open saving account you will get this card.

You can use net safe for internet use. And you don’t need a bank account to get credit card all you need is your income proof and some other usual documents. You can’t make link with your credit card of another bank and bank account of another bank.

Have anyone ever used United Credit Services to repair their credit?

admin — Mon, 05 Apr 2010 03:27:31 +0000

I was referred to this credit service by a friend and was interested to see if anyone else has used them before prior to me signing up. The things that I was most intrigued by is the simple fact of them not having a monthly fee but rather pay for each deletion. If you used them before please let me know your overall experience.

Thanks

Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service – buildcredit.ifastnet.com

How effective are Credit Repair Services?

admin — Wed, 24 Mar 2010 10:47:26 +0000

I have bad credit right now (around 540), and I am trying to fix it. I was wondering if the Credit Repair Services are any good? Also, do you have a recommendation for one that is trusted and worth the money?

All credit repair business are in it to make money, they could care less about you and your credit. There is only one way to clean up your credit and that is it works more to earn more money and spend less money so that you can pay off your debt. http://credit-info.we.bs/ So earn more, spend less. Very simple, stays clear of those companies and take responsibility for yourself.

http://credit-info.we.bs/

How to Find Legitimate Consumer Credit Counseling Services?

admin — Wed, 10 Mar 2010 18:23:20 +0000

There are hundreds of organizations that provide consumer credit counseling. Most of them are reputable services committed to helping consumers resolve their money troubles. However, some charge excessive fees, give questionable advice, and fail to perform the services they promise.

So how to choose best among Credit Counseling Services?

To find reputed and legitimate agencies make sure that it meets the following criteria: -

- Is an accredited nonprofit.
- Is an NFCC or AICCCA member agency.
- Employs certified counselors.
- Provides substantive counseling and education.
- Provides more than one debt management option.
- Charges reasonable or no fees.
- Makes up-front disclosures about services, fees, and revenues.
- Has a clean business record.

There are very few of such companies. So first try and then move ahead.

Do credit repair services work? Which is the best agency to go through?

admin — Thu, 04 Mar 2010 23:42:37 +0000

I have paid for alllllll of my old collection accounts and I’m just waiting for them to drop off of my credit reports. I’ve been looking into credit repair service on line and wondering if they can actually help. All of the items on my reports are actually MINE and I did actually owe them, but they are all FINALLY paid off. Is there any hope to get them removed quickly?

If you are looking the best way to improve your credit, check out this site

http://Best-Credit-Repair-Service.com

Here you’ll find the best system to repair your credit

Hope this help,

How bad does your credit have to be to not be hired by a financial services company?

admin — Sat, 20 Feb 2010 17:31:25 +0000

I’m applying for a position with a financial services company, and my credit score is in the low to mid 600’s. My payment history has been quite good over the last year and a half.
Thanks for the responses so far. I have late payments about 2 years ago. Over the last 1.5 to 2 years, my payment history has been flawless. My credit score is still low, but I have no bankruptcies/no judgments either. Think I’m ok?

As a future hire in a Financial Service position, your credit is a huge factor in your hiring process. You will be qualified on your credibility, which is understandable. They must know that you are a good custodian of credit yourself before they would allow you to consult with future clientèle.

Now with that being said, you need to continue making the proper financial moves pressing forward for credibility servicing but that won’t fix the derogatory items you currently have for some time.

You have absolutely one option here before you engage the financial services firm for employment. That is credit repair. Go to http://ineedagoodcreditscore.com/ and call these guys immediately! You will be represented by a team of attorneys that are extreme pit bulls in enforcing credit consumer laws. They will make a impact on your credit report within the first 30-45 days that will allow you to walk into your future work place with your chin up and chest out.

There is no other company out there that can assist you the way that they will.

Good Luck,

The Credit Wolf
Source(s):
http://ineedagoodcreditscore.com/
1-888-399-2771

I want to repair my credit, does anyone know any reputable credit repair services that will do a good job?

admin — Fri, 11 Dec 2009 13:38:30 +0000

Where do I start, how? Need to fix credit! I Have charge offs, open acconts, and paid off accounts. Tired of being turned down and end up paying more out of my pocket!

Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service – buildcredit.ifastnet.com