Search unanswered questions...
Enter a question here...

Will using a credit counselor help or hurt your credit?

[Edit]

Answer

Indirectly.

A credit counselor will work with you to help you reduce your debt and manage your financial life more effectively. Beware fly-by-night operations that scam people out of money under the guise of financial management.

Reducing your debt and maintaining financial control over your life will help your credit in the long run.

Improve Answer Discuss the question "Will using a credit counselor help or hurt your credit?" Watch Question

First answer by ID1096483396. Last edit by ID1096483396. Question popularity: 53 [recommend question]

Also see on Answers.com

Research your answer:

Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Debt Counselors and Consolidation > Will using a credit counselor help or hurt your credit?

Our contributors said this page should be displayed for the questions below. (Where do these come from)
If any of these are not a genuine rephrasing of the question, please help out and edit these alternates.
Is it better to go to a credit counselor?  Does using a consumer credit counselor effect credit?