{"id":770,"date":"2015-03-18T11:52:45","date_gmt":"2015-03-18T16:52:45","guid":{"rendered":"https:\/\/www.creditaid.ca\/blog\/?p=770"},"modified":"2015-03-18T11:52:45","modified_gmt":"2015-03-18T16:52:45","slug":"will-credit-counselling-hurt-my-credit-score","status":"publish","type":"post","link":"https:\/\/www.creditaid.ca\/blog\/2015\/03\/18\/will-credit-counselling-hurt-my-credit-score\/","title":{"rendered":"Will Credit Counselling Hurt My Credit Score?"},"content":{"rendered":"

\t\t\t\t\"Credit-Report-illustration\"<\/a>Credit counselling<\/a> in and of itself is confidential, and will have no effect on your credit score.
\nSome of the actions that you might take on the advice of a credit counselor could affect it negatively, but chances are, if you\u2019re in the market for credit counselling, your credit score already exhibits some problems.<\/p>\n

At Creditaid, we understand that the initial effort required to come in for counselling is immense. While we offer a judgment-free environment<\/a>, we know the pressure that the credit industry puts on people to maintain a good \u201cscore\u201d. Banks and credit card companies talk about it like it\u2019s a measure of a person\u2019s value. We know it\u2019s not \u2013 it\u2019s just a tool that lenders use to evaluate the level of risk that an individual exposes them to when they lend them money.<\/p>\n

Many of our clients access one or more of the debt relief tools we have at our disposal. A Debt\u00a0<\/a>Consolidation<\/a> or Debt Management Program<\/a> will be reflected on your Credit Bureau report, and can affect your credit score negatively, both while the program is in place and for a time afterward. Since both require you to forego obtaining new credit while enrolled, this won\u2019t be an issue until after the program is complete, and you are out of debt.<\/p>\n

You will be surprised at the number of lenders who will still be willing to issue credit, even with a lower score. You will also have new tools, knowledge, and insight, so you\u2019ll likely resist their tempting offers of easy money.<\/p>\n

Creditaid has partnered with Home Trust<\/a>, a federally regulated trust company<\/a> that has been specializing in helping Canadians find alternative financial solutions for over 35 years. We can help you rebuild your credit with a Secured Visa card.<\/p>\n

We have also partnered with Keystone Finance, a local financial solutions provider that has helped clients and their families live better lives for over 30 years.<\/p>\n

If you\u2019re finding that there\u2019s not enough money to meet your monthly debt load, and fear that it\u2019s spiraling out of control, contact Creditaid today<\/a>. For anyone who\u2019s ever experienced credit trouble, there\u2019s no better feeling than being debt free.\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"

Credit counselling in and of itself is confidential, and will have no effect on your credit score. Some of the actions that you might take on the advice of a credit counselor could affect it negatively, but chances are, if you\u2019re in the market for credit counselling, your credit score already exhibits some problems. At … <\/p>\n

Continue reading “Will Credit Counselling Hurt My Credit Score?”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[115,121,161,251,398],"_links":{"self":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/posts\/770"}],"collection":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/comments?post=770"}],"version-history":[{"count":0,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/posts\/770\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/media?parent=770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/categories?post=770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.creditaid.ca\/blog\/wp-json\/wp\/v2\/tags?post=770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}