Emergency credit cards – Do they actually help to build credit?
Date: Thu, 08/01/2013 05:09
I don't have any credit card at present. However, my sister is telling me to get an emergency credit card. What is it actually? I have never heard about it? Will it help me to build credit? Please help. Also, a credit repair company from Rainbow City has offered to help me build credit. Should I accept the offer?
By signing up a debt 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 payoff 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.