Sentences with phrase «traditional credit counselling»

Comparing some key differences between filing a Consumer Proposal and using traditional credit counselling.

As surprising as it sounds, many people find help outside of traditional credit counseling services.

Not exact matches

It previously required them to be licensed, to educate the public on how their rates compare with traditional lenders and to share information on credit counselling with customers.

A poll of both traditional lenders (such as banks and national mortgage companies), and non-traditional lenders (such as sub-prime lenders, non-conforming mortgage companies, and finance companies) yielded a fairly unanimous opinion: being in a debt counselling program or consumer credit counseling program was just as damaging to a person's credit as filing a bankruptcy.

And that's the traditional role of a good credit counseling agency.

Today debt consolidation is offered by many different providers including traditional financial institutions; finance companies and specialty lenders; not - for - profit and for - profit credit counselling agencies; as well as bankruptcy trustees.

The most popular businesses used for credit repair are traditional companies affiliated with government programs that offer credit repair plans and financial counseling.

URLs in this post: [1] credit card debt: http://www.debthelp.com/blog/2010/06/18/credit-card-debt-avoiding-extra-finance-charges/ [2] debt reduction: http://www.debthelp.com/ [3] Roth IRA: http://www.rothira.com/open/start-roth-ira.php [4] traditional IRAs: http://www.irs.gov/retirement/article/0,,id=111413,00.html [5] Debt counseling: http://www.debthelp.com/blog/2010/07/01/credit-counseling-and-debt-consolidation-moving-beyond-finan cial - stress /

Debt settlement, consumer counseling and bankruptcy have become the primary options for consumers who can't qualify for bill consolidation or traditional cash out refinancing that so many Americans had used for consolidating credit card debt in years past.

In addition to helping buyers make a contract - for - deed purchase, the program offers credit counseling to help them refinance into a traditional mortgage, usually within a few years.

He counsels buyers who are rebuilding their credit to wait until they qualify for traditional financing.