Share post
Share
Debt Consolidation Forums Debt Problems forums

Credit counseling - Is it mentioned in the reports and for how long?

Date: Wed, 05/22/2019 23:07
member profile picture
Posts: 1
Credits: 0
[Donate]

If I take credit counseling help, is it mentioned in my credit reports? How long will it remain in my reports?




Credit counseling doesn't affect your credit score. It appears on your credit report to let creditors know that you're paying off an account through a credit counseling program. Usually, it stays on your credit report for 5 years while you're enrolled.

Sub: #1 posted on Thu, 05/23/2019 - 02:46

David Martin David Martin

(Posts: 398 | Credits: )

It will not affect your credit score. However, it will remain on your credit for 5 years.

Sub: #2 posted on Fri, 05/24/2019 - 06:20

Sanders Patricia Sanders Patricia

(Posts: 1239 | Credits: )

It;ll remain for 5 years, but it'll not harm your score, trust me.

Sub: #3 posted on Mon, 05/27/2019 - 00:49

Barbara Delinsky Barbara Delinsky

(Posts: 434 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. 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.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. 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.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 1.637 seconds.