Why using debt consolidation companies or non-profit credit counseling agencies to help you pay your bills is a BAD idea.
Did you know that your monthly payments that you make to those various Credit Counseling Agencies or Debt Consolidation programs DOES NOT guarantee that any of your creditors will receive those payments?
Before you make the mistake of enrolling into one of those Non-profit Credit Counseling programs, do your internet research about the Truth about Credit Counseling Agencies and Debt consolidation programs
Did you know that very significant negative credit score points will be subtracted from your credit score once you agree to enroll into one of those Credit Counseling or debt consolidation programs?
Consumer Credit Counseling Services (or CCCS) are non-profit debt counseling services that assist consumers who are unable to pay their bills. These companies can be considered to be the friendly version of a debt collection agency. The major credit reporting agencies own and operate these so-called non-profit organizations and your creditors love the fact that the friendly version of a debt collection agency will help you (the consumer) to full fill the original obligations or the original contract that you signed whenever you were extended credit.
Isn't it ironic that your creditors as well as the major credit reporting agencies are the entities who finance the operations of those popular non-profit credit counseling agencies and debt consolidation organizations.
Yes, it is a shock to us all to learn that these credit counseling companies are owned by all of your creditors and/or the 3 major credit bureaus.
Your creditors and the 3 major credit bureaus also love these non-profit Credit Counseling companies because these non-profit Credit Counseling services will help your creditors keep updated contact information on you and consumer info on you.
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This top-selling, very popular and extremely controversial book was created by the motivational speaker Stephen Snyder. You will either
love this book with passion or you will hate this book with passion. If you can put "aside" all of the "hoopla" and "rah rah" overtones which surrounds
Stephen Snyder and his motivational speeches then you will find yourself reading one of his most informative and practical guides to how to recover completely from bankruptcy or severe credit damage within a year or less!
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The greatest attribute about this book is the fact that John R. Ulzheimer (the author of this book) is a former employee who has worked inside the walls
of Equifax and Fair Issac (FICO) for the sum of over 10 years. We definitely recommend that you read this very informative book that
was created by a former employee of one of the 3 major credit bureaus.
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Best Credit: How To Win The Credit Game comes from a collection agency insider who deals with tons of creditors and individual consumers on a everyday basis. This well-written guide to credit rebuilding is packed with all kinds of credit rebuilding techniques and debt management info for consumers who wish to re-establish good credit after bankruptcy or severe credit damage. In very easy-to-understand terms, Dana A. Neal explains how the credit game is played, the roles of the various players, and the ways in which the credit industry stacks the odds against all individual consumers with less than perfect credit.
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This highly recommended book offers very detailed info on how to repair damaged, broken or dented credit as well as delinquencies inside your credit report. This book teaches you how to recapture the financial freedom you so richly deserve. The enclosed CD supplied inside this book offers over 100 pages of valuable advice, sample letters, quick references, needed forms, contact letters, etc. which helps you to rebuild your credit report.
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The Insider's Guide to Credit Repair is a very well organized book which offers the reader the convenience of easy navigation throughout the various sections of this book. The author makes it very easy for readers to quickly locate the appropriate topics of credit restoration and debt management that closely resembles his or her credit problem. You DO NOT have to read the entire book in order to get comprehensive info about credit which applies to your particulat credit situation. This book even has a cute little pop-quiz at the end of each particular chapter..smile..
What criteria did we use to select our top 10 most useful books about credit:
Our staff ranked these books according to our best value for the money ratios and the degree of useful material inside the book in terms of total credit restoration. The credit repair repretation of the author(s), the author's ability to easily explain the content inside of the book, enclosed bonus features, overall book features, shipment of books (materials), availability of books (materials), book reviews, and how the book is organized have all been taken into account as well. Basic credit repair books which repeated the same ole rhetoric and redundant info about basic credit repair and credit scores were promptly thrown into the dumpster in the back of our parking lot.
