Concerned About Debt Consolidation Negatively Affecting Your Credit Score?
If the issues of the day revolve around how much money you have left after you paid every single one of the bills or maybe not all the bills but as many as you possibly could get through and it is not a very happy home then you need professional help.
As we are not trained psychoanalyst or registered with any state or department that can effectively and legally offer mental advice we must go to with what we know and that is debt consolidation therapy.
Therapeutic Licensing One of the first questions that many individuals ask us is the one about the negative affect on their credit score of a debt consolidation loan.
Let us put that to rest right here and now since the only negative affect that this form of debt relief can ever have on your credit score is at the very beginning when the debt negotiator asks that you cease all payments to the past-due creditors.
This is usually a 2 to 3 week window and is immediately closed up after 14 to 17 days once the debt loan consolidator speaks with the credit card account holders and works out a deal in which no more payments will be received until the debt loan payment is finalized.
Then it is game on! Answering All Questions We do understand that you need to cover every base and since a credit report and credit score is one of the biggest reasons why people turn to debt consolidation in the first place we deeply appreciate the comments that we receive on a daily basis from all those concerned individuals all across America.
We are here to help you and we are here to answer any and all of the questions that you have about debt consolidation especially the one that is so important concerning negatively affecting your credit score.
Heads Up Time Before we leave you and this review on the impact of a debt consolidation loan to your credit score we need to impart upon you a bit of wisdom.
You need to instruct every member of the household that has access to even the family debit card for the checking account that things will be tightening up at least for a few months so that everyone gets a heads up on the entire process of a debt consolidation program.
As we are not trained psychoanalyst or registered with any state or department that can effectively and legally offer mental advice we must go to with what we know and that is debt consolidation therapy.
Therapeutic Licensing One of the first questions that many individuals ask us is the one about the negative affect on their credit score of a debt consolidation loan.
Let us put that to rest right here and now since the only negative affect that this form of debt relief can ever have on your credit score is at the very beginning when the debt negotiator asks that you cease all payments to the past-due creditors.
This is usually a 2 to 3 week window and is immediately closed up after 14 to 17 days once the debt loan consolidator speaks with the credit card account holders and works out a deal in which no more payments will be received until the debt loan payment is finalized.
Then it is game on! Answering All Questions We do understand that you need to cover every base and since a credit report and credit score is one of the biggest reasons why people turn to debt consolidation in the first place we deeply appreciate the comments that we receive on a daily basis from all those concerned individuals all across America.
We are here to help you and we are here to answer any and all of the questions that you have about debt consolidation especially the one that is so important concerning negatively affecting your credit score.
Heads Up Time Before we leave you and this review on the impact of a debt consolidation loan to your credit score we need to impart upon you a bit of wisdom.
You need to instruct every member of the household that has access to even the family debit card for the checking account that things will be tightening up at least for a few months so that everyone gets a heads up on the entire process of a debt consolidation program.