How It Works
Step 1: Analysis
A credit report analysis is going through your credit report line by line, either on your own or with the help of a professional. After looking at your credit report, you’ll know how your credit is doing, what accounts are in good standing, what accounts hurt your score, and what we might want to challenge to get gone.Your plan to build your credit will also be based on how you look at your credit score. It will help you decide if you should fix the bad parts of your report, take care of the good parts you already have, or try to add new things to your report.
Step 2: Dispute
Step 3: We will settle your debts (Pennies on the Dollar)
Before giving you advice on how to handle your money, our counselors will carefully look at your specific financial situation. After that, a counselor might suggest that you join a debt settlement management plan to help you pay off “unsecured” debts like credit card, school loan, or hospital debts.Our credit advisor might tell you that a debt management plan is your only option sometimes.
• 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.