How It Works
Step 1: Analysis
Doing a line-by-line review of your credit report is called a credit report analysis, and it can be done by yourself or with the assistance of an expert. You can find out where your credit stands, what accounts help or harm your score, and what items we might want to dispute on your behalf after reviewing your credit report. How you view your credit score will also inform the strategy you employ to raise it. It will guide your decision on whether to improve the weak spots, maintain the strong points, or add new material to your report.
Step 2: Dispute
Step 3: We will settle your debts (Pennies on the Dollar)
Our financial advisors will take a detailed look at your individual circumstances before making any recommendations about your personal finances. The next step in paying off “unsecured” obligations like credit cards, student loans, and medical bills is to enroll in a debt settlement management plan, which may be recommended by your advisor.Sometimes a debt control strategy is all our credit advisor can recommend.
• Together with you and your creditors, our counselor creates a payment plan. It’s possible that your creditors will consent to reduce your interest rates or waive some fees.
• In order to pay off your debts, we would set up payment plans and send money with creditors each month.
• In accordance with the payment plan, our counselor uses your deposits to settle your unsecured debts, such as credit card balances, student loans, and medical expenses.