Credit ratings have grown in importance over time. Originally, reports were designed to assist lenders who considered extending credit. Today, employers routinely use credit ratings to qualify job applicants. Insurance companies may use credit ratings to increase premium charges. Government agencies use ratings to disqualify employees when applying for positions that have access to sensitive [...]
Do you know that your settlement company holds your payments for three to six months and then negotiates with the credit card company? This duration can be increased as well. The longer a settlement company holds your money, the more damage is done to your credit records. In other words, you move closer to personal [...]
If you’re buried deep in credit card debt, you probably shouldn’t be asking if debt settlement affects your credit score. Instead, you may want to consider if you should really care what your score is. Think about your situation very seriously for a moment. You’re losing sleep and can barely make the minimum payments due [...]
