what happens with my credit score while working with consumer credit counsellor?
I had a good credit score and ran into problems and now my score has dropped. while working with CCC, will my score go up while they are negotiating and making payments to my creditors?
Public Comments
- Score wise it will help because of the accounts being paid on time every month. I used CCCS several years ago and they were great, was debt free in 36-months. The only bad thing is all of your accounts will read "included in credit counseling" on your credit report.
- Yes, it would help. As far as your bills are paid on time, your credit card company will report that you are in good standing which translates into a better score. Do some research before you pick a credit counsellor. Ask questions - like what has been their success rate, fees, etc. Check out http://www.explainmycreditcard.com/ for more information
