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Posted: Fri 20:14, 30 Aug 2013 Post subject: hollister Important Things To Ask At Your First Cr |
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In any situation, being well-informed is the best way to go. Your first session with your credit counseling professional should be no different. Knowing what to ask, and why to ask it can save both you [link widoczny dla zalogowanych] and your credit counselor time and troubles.
1.) How do you determine my [link widoczny dla zalogowanych] monthly payment?
This is important for you to know, because you want to pay off your debt as quickly as possible, but still have enough budget left over to meet your basic needs. You'll also want to ensure that your credit counselor has the most accurate [link widoczny dla zalogowanych] and complete information about your financial state as possible. You don't want misleading or inaccurate info to lead to debt repayment troubles.
2.) How will I know my creditor have received my payments?
You need to know this in case a creditor contacts you directly, instead of your credit counseling professional. If you can confirm that a payment has been made, you can resolve any issues or answer any questions the creditor might have right then and there. You'll also have the peace of [link widoczny dla zalogowanych] mind that the credit counseling is doing its job and your debt is being repaid.
3.) Can you arrange with my creditors to lower or waive interest payments and late fees?
Often, we're so overwhelmed by the entire situation that we don't think to stop and ask for all the help we can get. And sometimes, our creditors are more willing to work with us when we're in credit counseling than when [link widoczny dla zalogowanych] we're on our own. Even if you've tried to make arrangements and failed, it's always a good thing to try again, through your credit counselor.
4.) Is a debt-repayment plan my only [link widoczny dla zalogowanych] option?
[link widoczny dla zalogowanych] You may have other options that you're unaware of or unfamiliar with. As with the lowered rates and waived fees, it never hurts to ask. You might qualify for [link widoczny dla zalogowanych] forbearance on your payments. Your credit counseling professional may be able to help you discover other ways [link widoczny dla zalogowanych] to save you time and money.
5.) What if I can't meet the agreed-upon plan's obligations?
You're in debt trouble most likely because of some catastrophic event - loss of job, loss of income, business failure, illness or injury - and not because you chose to be. Who knows what tomorrow holds? Not to be negative, but you must think rationally and responsibly. What if your new job doesn't last? What if your illness [link widoczny dla zalogowanych] returns? Asking your credit counseling professional "what if?" will show that you are now planning ahead with a clear view [link widoczny dla zalogowanych] of the "what ifs" - probably something you didn't do before. And in the event [link widoczny dla zalogowanych] that something DOES prevent you from meeting your obligations, you'll know what to do and can approach the situation informed and ready, instead of lost and confused.
6.) Who can I contact if I have problems with any [link widoczny dla zalogowanych] accounts or creditors?
You've chosen credit counseling because you need help getting out from under your debt problems. Knowing who is in your corner and who you can turn to should [link widoczny dla zalogowanych] a problem arise will give you the peace of [link widoczny dla zalogowanych] mind and confidence you to deal with any problems before they become a bigger problem.
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