Before you consider taking out a debt consolidation loan to repair your credit, you should read
about your credit report options.
Not exact matches
The only thing I'd be concerned
about is whether or not the
credit report site offers a loan consolidation
option right next to the statement that «too many installment loans are lowering your score.»
It is a great place to learn
about building your
credit history, and getting your
credit reports and scores; using
credit, including
credit cards, loans, and interest rates; the risks of using more expensive
credit options like payday loans and car title loans; and managing debt — from better budgeting to dealing with debt collectors.
«The nationwide consumer
credit reporting companies are making important changes to their procedures that will improve their ability to collect accurate information, and we want to make sure consumers know
about the new
options available to them.»
From there, a real live person reviews the information, pulls your
credit report, talks to you
about your situation, uses knowledge and expertise to explore all avenues, issues, and different loan
options (all good ideas).
What
about the impact each debt management
option will have on your
credit report?
You may have received or seen other notices
about other class actions
about insurance policy
options, premium rates, and / or
credit report usage.The website has more information
about how these cases affect your eligibility to participate in this Settlement.