How It Works
Step 1: Analysis
Credit report analysis refers to the process of going over your credit report line by line, either independently or with the help of a professional. After examining your credit report, you will have a better idea of where your credit stands, which accounts help or hurt your score, and which items we may wish to challenge on your behalf. How you feel about your credit score will affect the methods you use to improve it. It will help you figure out what needs fixing, what should stay the same, and where you can squeeze in some fresh information for your report.
Step 2: Dispute
Step 3: We will settle your debts (Pennies on the Dollar)
Before making any advice concerning your personal finances, our financial experts will take a comprehensive look at your unique situation. Your financial counselor may suggest enrolling in a debt settlement management plan as the next stage in paying off “unsecured” debts including credit cards, student loans, and medical expenses.Our credit counsellor may only be able to suggest a plan of action for debt control.
• Together with you and your creditors, our counselor creates a payment plan. It’s possible that your creditors will consent to reduce your interest rates or waive some fees.
• In order to pay off your debts, we would set up payment plans and send money with creditors each month.
• In accordance with the payment plan, our counselor uses your deposits to settle your unsecured debts, such as credit card balances, student loans, and medical expenses.