Need help consolidating payday loans
A full credit and budget counseling session typically lasts 45-60 minutes, but don’t hesitate to call and speak to a counselor—even if you have only a few minutes to spare.
Counselors are available 24 hours a day, 7 days a week to answer questions.
We also work with most unsecured creditors including doctors, attorneys, finance corporations, and collection agencies, if you have additional debts that require assistance.
Once you have copies of your credit report, you will be able to determine whom you owe and how much you owe.
The debt management plan itself is unlikely to be reflected on your credit report.
Some creditors may report that an account is being paid through a managed repayment plan, though most will not.
Available credit is a factor in most credit scoring systems, so closing the majority of your accounts can have an adverse effect, at least in the short-term.
In the long-term, repaying your debt in full, with consistent monthly payments, should have a significantly more positive impact.