« Learning the basics of credit scores | Home | It will take time to heal your credit rating due to late payments »

New pension law also changes credit counseling

By Adam | September 1, 2006

Reduce Your Debt!

Pension law also changes credit counseling (Bankrate.com via Yahoo! Finance)


The Debt Adviser, Steve Bucci, brings to light some new changes to credit counseling that were packaged in with the new pension law.

Here’s one that should be very helpful:

“May not refuse anyone services based on inability to pay.”

So now many more people will be able to get credit counseling and take control of their debt.

-Adam

Tucked into the new law were 5 consumer-friendly provisions that toughen the standards for counselors, says Steve Bucci, the Debt Adviser.

technorati tags:, , , ,

Topics: Credit Repair, Fix bad credit, Personal Finance, Repair your credit |

Comments