Posts Tagged ‘Consumer Counseling’

Attn: Debt Consolidation Participants.Past and Present?

Wednesday, June 10th, 2009

I have been enrolled in a debt consolidation program for about 3 years and have about one more year to go.

My question is on my credit report for each creditor that I have enrolled in the program it reads payments managed thru a consumer counseling agency (something along those lines) how long after I have finished the program will this notation remain on my report? Also how long after the program will I be able to get credit again?

FYI I do not need to know how a debt consolidation program works…as I said I have been in it for 3 yrs

I know people have there own opinions about it but I felt for my situation this was the best choice- so please do not give opinions about how I could have paid this debt myself

Please notice that I did not say how soon can I get a credit card I said CREDIT period….for anything specifically a house.