If you’re trying to improve your credit, you need to pay off your debts. High debts can hurt your credit score tremendously, especially if you have a lot of revolving debt (credit cards).
To improve your credit score, focus first on credit card debt and then installment debt, which includes your mortgage, car payments, student loans, and personal loans. Before you jump in to pay off your credit card debt, though, you’ll need a strategy.
Continue reading “Which Debts Should I Pay Off First to Improve My Credit?”
If you’re in over your head in debt it may seem logical to not pay it. If you can get debt relief, by all means you should take it, right?
Not paying your debt is much worse than paying it off as agreed. Even if you need a credit counselor to intervene on your behalf, get you lower rates, or a payment arrangement, as long as you pay the debt, it’s a lot better for your credit.
Continue reading “Why You Want to Pay Your Debt, Not Get Out of Paying”
Today our CEO was invited to speak with Hal from CJOB on how to handle the post holiday finances.
Take time to listen for tips on what to do when the bills start arriving and where you can turn for help.
It’s time to take control of your debt. Speak to one of our credit counselors today.