Choosing your Credit Agency:

Are you struggling with your debt and facing problems in paying your bill? If so, a reputed credit counseling agency can be your financial life saver. The credit counseling agency can help you in repairing your debt, suggest you in using your credit sensibly, helps in developing budget, managing your money and debts or arranging a repayment plan with your creditors. In a nutshell, a certified credit counseling agency will provide you with a personalized plan to solve your debt related problems.

Now let us discuss some important things to be noticed while choosing a credit agency :

• Contact various credit agencies to get an idea of rates and services they offer.
  
  
• Look and compare the variety of services each agency offer.
  
  
• Check with your family or friends who have already used credit counseling services.
  
  
• Check for the certified and licensed agency.
  
  
• Check for the past records and history of the agency for how long the company has been in this industry.
  
  
• Check for the complaints and consumer reviews of the credit agency. If the agency does have any complaints, make sure that everything is resolved.
  
  
• Get to know about the counselors in the credit agency are well qualified.
  
  
• Don't sign any agreement. Carefully read their terms of agreement or contract with you. Always have the promises done by them in a written document. If you have any doubts on their services, get it clarified.
  
  
• Clearly know about the fees they charge on you, beware that you don't pay any additional charges often.
  
  
• Don't blindly believe on their advertisements, evaluate it carefully.
  
  
• Check whether they help you in offering free credit education and credit counseling
  
  
• Make sure that the agency will provide you personalized plans, concessions and they do not sell or leak out your information to others without your permission.
  
  

eCreditAdvisor satisfies all the above and is the Best for Credit Consultation and credit repair. Contact us now and get your financial problems fixed !!!

For more details call us now to 800-693-9622, always at your service.

Recovering from bankruptcy - CONTD

Credit Report Expiration Guide :

Late payments, tax liens, bankruptcies...Are you anxiously waiting for old records to be removed from your credit report? Take the initiative to check the expiration dates on records in your credit report. For example, if you discover an obsolete bankruptcy from 1982, disputing the record with your creditor can boost your credit score.

Bankruptcy - Chapter 7, Chapter 11 and 12 bankruptcies remain on your credit report for 10 years after the filing date. When you file for bankruptcy, all the accounts included should be marked as "Included in BK" and will each stay on your report for 7 years.

Charge-off Accounts - If your delinquent account is charged-off, the record will stay on your credit report for 7 years.

Closed Accounts - If the account has delinquencies, those marks will stay on your credit report for 7 years from the date they were reported.

Collection Accounts - Accounts sent to collections will remain on your credit report for 7 years from the date of the original missed payment. The record will be marked as "paid collection" on your report when you pay the full balance. If you settle with the collections agency for a reduced amount, be aware your record will state the account as "paid for less than the total due."

Inquiries - When a creditor or lender checks your credit it causes a "hard inquiry" to be listed on your credit report. These hard inquiries stay on your report for up to two years, and they can cause a slight drop in your credit score if there are too many of them. When an employer checks your credit or when you check your own credit online, you may see a harmless "soft inquiry" on your credit report. Soft inquiries, which also remain on your report for up to 2 years, do not cause a drop in your credit score and do not appear when a business checks your credit.

Judgments - Most judgments, including small claims, civil and child support, will remain on your credit report for 7 years from the filing date.

Late Payments - If you are late with a payment, the 30-180 day delinquency can stay on your credit report for up to 7 years.

Tax Liens - City, county, state and federal tax liens are especially harmful and can remain on your credit report indefinitely.

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eCreditAdvisor - Credit Score improvement, Credit Repair, Identity Theft Protection, Credit Restoration and Derogatory Credit Removal.