new to board - recently found it hoping to learn to repair my credit great stuff on this board! first question - i have heard that credit counseling services have both negative and positive results as far accounts on your credit report, what are some of your thoughts, initially dont they help lower interest rates and removes lates???? thanks
Avoid the Credit counseling services. Many show up on your credit files and hurt you. When I last pulled my credit report online w. equifax it had credit counseling services listed in the public record section. Of course it said that I had none but imagine if I had done counseling. Public records are negatives.
Reality is.......credit counseling is adverse information. http://www.ftc.gov/os/statutes/fcra.htm#605
I know credit counseling is considered adverse Info.but I don't know that it is a matter of Public Record.?
I posted some thoughts on my experience with CCCS here: http://consumers.creditnet.com/stra....php?s=&postid=98028&highlight=CCCS#post98028 There's also a follow up post further down that thread. I'll post some more thoughts later.
