My daughter is planning to buy a home and her friends have suggested her to increase her credit score to 700 before looking for a mortgage. Presently, her credit score is around 650. She has checked from the 3 credit bureaus - Experian, Equifax and TransUnion. Can anyone please guide how to increase score to 700 in few months and what moves to take?
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.