care one credit counseling complaints - has anyone worked or heard of them before?
Sub: care one credit counseling complaints - has anyone worked or heard of them before?
Sat, 03/20/2010 - 22:34
Internet's first get-out-of-debt community
471,364 members
471,364 members
Toll Free
800-DEBT-913
Chat Live
* Disclosures:
- By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
- Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
- Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
- Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
- The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Posts: 1813
Credits: 10463.7 Send message to mobile0311
They are members of the BBB. Also ,This company has agreed to use special procedures including arbitration, if necessary, to resolve disputes . I see no reason not to do business with them. They have a good reputation. Just be sure your budget can afford the payment in the credit counseling program.
FBI
FTC
State Attorney Generals
TASC
I'm hedging only because I've been in a program like this before. However, I also see that its becoming more difficult to pay the CC bills at the current rate. ...Decisions, decisions.
^^^^^^^^I meant, I've never been in a program like this before.
Posts: 192
Credits: 2976.05 Send message to jeoestreich
I have used careone in the past and I like them. You could see that your money was going and I could always get a hold of them when I need to.
Posts: 192
Credits: 2976.05 Send message to jeoestreich
I have used careone in the past and I like them. You could see that your money was going and I could always get a hold of them when I need to.
Does it harm your credit when your in such a program? I want build back my credit back into the 700s (or higher).
Posts: 1813
Credits: 10463.7 Send message to mobile0311
Care One Credit is a consumer credit counseling agency that offered what is called a debt management plan. Those types of programs do not hurt your fico score. However just be aware that it does show on your report that you are in a dmp. Basically while in the program you won`t be able to acquire more credit cards or loans until you complete it. Once you complete the program it comes off your report as if you we never in the program. It is worth it though.
FBI
FTC
State Attorney Generals
TASC
Thanks a bunch!
Posts: 1813
Credits: 10463.7 Send message to mobile0311
Glad to be of some assistance , I wish you and your family the best of luck .
FBI
FTC
State Attorney Generals
TASC
just know that Care One will not take American Express cards into their dmp program.
Pages
Add new comment