Why Enrolling in a Credit Counseling Program Can Hurt Your Credit Score

I keep seeing information around the web by credit counseling companies saying that enrolling in a credit counseling program does not hurt your credit score. I believe the reason they say this is because the enrollment into the credit counseling program is not viewed as a negative entry in the calculation of the credit score. …

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How Bad Will My Credit Drop if I Use Money Management International? – Dave

“Dear Steve, Racked up credit card debt when I was young I have about $17,000 in credit card debt. I heard about Money Management International because Bank of America recommended them to me because I was trying to get my payments lower. Is this company legit? How bad will my credit drop? Dave” Dear Dave, …

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