Credit Counseling Question

[sames]

A girl I work with needs some professional advice/help repairing her credit. I have heard there are a lot of scamers out there. Any advice would be appreciated.

[OrangeCrush]

I don't trust any of those services

[Big Kev]

I don't know much about the consulting but the consolidation ones can screw up your credit more. Stay away from them.

[Ric]

I don't trust any of those services

I agree..

[TJay]

Tell her to get a hold of a book like Total Money Makeover by Dave Ramsey. Pretty simple steps to get your shit straightened out and start climbing out of a hole.

[Camp]

I don't know much about the consulting but the consolidation ones can screw up your credit more. Stay away from them.


Correct. I got involved with one of those my last year of school because I wasn't going to make it. They told me that they had a service that repaired my credit to be outstanding once it was all done. Negotiations took place on the amount, I paid it off, low and behold, nobody at the company had ever heard of anything like that :mad:

[T&C]

I'm trying to find a good why to get my nice and cleaned up to....
But from what am I gathering the best is to... payoff what you can... make payments on the ones you can't payoff ... and dispute with agency itself and see if you get lucky.

[Loki]

Send Me $500 and I'll take care of it for you. No questions asked. :D

[Eryl Flynn]

www.creditboards.com/forums (http://www.creditboards.com/forums)

Nuff said. Free place to ask questions, get advice and more. They will also advise against those services for 2 reasons. First off any thing they can do, you can do and the act of doing the work helps reinforce how important your credit is and to not screw it up. Secondly, some of those services are scams and even those who aren't some times screw your scores up worse.

Send your friend to the forum link above and have her read up seriously.

[newracer]

Wife and I had problems just before graduating from college. Got a consolidation loan from a credit union to pay off all the debt. Of course we had her father as a co-signer to the loan.

As other have already said I have heard you are much better off dealing with the companies yourself.

[denverd0n]

payoff what you can... make payments on the ones you can't payoff ... and dispute with agency itself and see if you get lucky.
Yeah, but the very FIRST thing you have to do is to start living within your means! If you don't change your spending habits then all the counseling, consolidation, paying off, and disputing in the world won't make any difference AT ALL!!!

That's the big problem that most people have. They think that there is some silver bullet out there that is going to rid them of debt and solve all their problems. Dumping debt doesn't do jack-shit for you, unless you change your spending habits, because eventually you'll just end up right back where you were.