There's plenty of support and advice available to freshers The Independent
For many parents, the day their child goes to university is also the first time they have left home. Under any circumstances, that can be daunting, but when it takes them away from their home town, it can seem overwhelming, particularly at the moment you drop off your son or daughter and wave goodbye.
You child is also bound to be worried. But you can reassure them that they’ll soon realise everybody else is in the same proverbial boat, everybody had the same anxieties before they arrived and they are all out to do the same thing: make friends and have a great time. In most cases, that’s how the story goes. Drop-out rates in the UK are very low, and there’s a range of university support services to guide your children and provide them with the help or advice they may need.
Most students have a brilliant time at uni, but the biggest and most-common mistake freshers make is being too embarrassed or ashamed to admit, for whatever reason, they aren’t having “the time of their lives”.
CareOne Debt Relief Services, "We've Been in Your Shoes"
If we go thru a credit debt consolidation(CARE ONE) would it lower our chances of getting a home?
Most debt consolidations firms don't do anything you can't do for yourself. Most have outrage fees and you could do it yourself. A lot of debt consolidations appears as bankruptcies on your credit report.
Before signing on with any debt consolidation company I suggest you check out Dave Ramsey. Read his book The Total Money Makeover and check out his website. His book and website will teach you how to budget, how to deal with creditors, how to pay off debt, how to save for emergencies and use cash for every day purchases, how to save for retirement, etc.
You can do this without the company, just read and educate yourself on the process. You will change your behavior and be better off for it! You can do it!
Just be sure your debit consolidation firm checks out - there are SO many scam outfits out there who will not only NOT help you, but will totally destroy your credit.
As for getting help, as a loan officer I would have more confidence in a person who recognized they were having financial trouble and sought help than someone whose credit history shows a trend toward denial and evasion. And it is against the law to discriminate against anyone who has exercised their legal rights under credit protection laws.
HOWEVER, your FICO credit score "seems to be" the guiding light these days - It would seem that few credit grantors make their own decisions any more - they would rather take the lazy way out and simply rely on FICO. You can find any number of helps on understanding how to clean up your credit and improve your score. Visit the websites of the three credit reporting agencies for some free help. (http://www.transunion.com, http://www.experian.com/, and http://www.equifax.com/home/)
You should pay the few bucks to pull your credit score and - in many states - you are entitled to a once a year free copy of your credit reports from each bureau (which may or may NOT include your FICO score) - which will likely be different from each.
Also, there is a Federal "bill" in the works to make it a national 'right'. But the cost to BUY your reports is nominal anyway, and you can even get all three from one source for something on the order of $45 or so (last time I did it). (This is NOT an endorsement, but Equifax is one that offers this service - The other's "may" ) GET THEM, then clean up any errors on your three main credit reports - then establish a record of responsible credit management for as long as you can hold back from buying a house - the higher your score, the better your odds of getting a decent loan for a home and the lower the interest rate may be that you have to pay. Alternatively, consider a "rent to own" or a "lease option" home - where you rent the house and build your credit reputation - this is also a good way to ensure you are going to be happy with your new home. By the time you are ready and able to buy, you will know the neighborhood (do trains or trucks wake you in the night? Are there gangs running the area? etc.) and you will also know if the house is adequate and acceptable (Does the roof leak? Are there infestations of insects or rodents that come back after treatment? Does cold weather result in wild life [mice, squirrels, skunks, snakes, etc.] invading your home?)
Anyone ever use a debt consolidation co such as Care One, what was your experience?
Looks like a jazzed up credit union. They are more flashier than most credit unions. I think you should check out what their interest rates are for their loans because that is most likely how they will consolidate your debt. They will give you a loan so you can pay off all the debts with it and then make 1 hefty payment to them every month with a lot of interest tacked on. You should look at normal credit unions in your area who have actual branches, not just internet websites, and then compare their interest rates to care one's. You may find that it is a much better deal if they are charging much less interest on the whole loan. Just go to a credit union or call or even look up their website (make sure it is a branch building in your area) and get a free quote to see if you qualify for a debt consolidation loan. I just took one out for 8 grand through my local credit union and they are the cheapest that I could find compared to internet places like care one. I live in Florida so I went through Florida Aircraft Federal Credit Union (They just changed their name to Velocity Credit Union), but you should check for similar places in your area.
Debt Consolidation Care Ripped Me OFF?
HAS ANYONE BEEN RIPPED OF BY Debt Consolidation Care, THEY STOLED ALL MY MONEY, I WAS IN DEBT NOW I DONT HAVE A PLACE TO LIVE BECAUSE OF Debt Consolidation Care ALL THEY CARE ABOUT IS TAKING PEOPLES MONEY THEY ARE CROOKS BEWARE CUSTOMER Debt Consolidation Care IS A SCAM PLEASE LET ME KNOW IF ANYONE HAS GONE THRU THIS HELP US WE ARE HOMLESS...
Many people have been scammed by these outfits...I'm assuming you don't have the money for an attorney....Yet, you can take action:
File complaints with the Attorney General in whatever state this company is in....
File an online complaint on RipOffReport.com
File a complaint with the local BBB in the firm's community.....
I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It's legitimate.I came across this company on NBC News Special Edition.Check it out here:
http://shrinkurl.us/vfq
a debt consolidation company named care one with the website... www.careonecredit.com?
has anyone heard any thing about them or used them before are they legit?
They are good at credit counseling and debt management programs.
Which program is the best one to take care care of a large amount of unsecured debt?
These 4 options seem to be my top chocies:
1. Consumer Credit Couseling
2. Debt Consolidation
3. Debt Settlement
4. Bankruptcy
Please list any others in your answer if you think they are a better option.
Thank you
Why are the pros and cons of each option?
None of the above.
Take control of your own life!
-Stop spending money you don't have
-Cut up your credit cards
-List debts smallest balance to largest, negotiate lower interest rates whenever possible [you may have to surf some balances]
-Pay minimum on all debts, pay all your budget surplus to the smallest
-Work up the list of debts until you are DEBT FREE!
-Do whatever you like with your income for the rest of your life
I used " Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News special edition.Check it out here:
http://creditsolution.ez-mart.biz
Can I get a debt consolidation loan that would take care of a car loan and a credit card?
If so, what would be good?
The company name, etc
Bad credit debt consolidation loans are of two types:
1. Secured bad credit debt consolidation loans:
These types of bad credit debt consolidation loans are secured by a collateral usually some property or a guarantor. Since, the lenders find something to bank upon in case you default on payments, the interest rates on secured bad credit debt consolidation loans are cheaper, the lending amounts are higher and the repayment period can be long.
2. Unsecured bad credit debt consolidation loans:
Persons who do not have anything to offer as the collateral or security, can take unsecured bad credit debt consolidation loans. The lenders find themselves at increasing level of risk while giving such loans. The existing bad credit situation and lack of a collateral, make them charge high interest rates and offer low loan amounts to offset the risk involved. But, a person who has a bad credit and cannot provide a collateral has little choice, but to take these high interest loans. At least by repaying these the borrower can rebuild his credit history.
Deciding which bad credit debt consolidation loan is right for you can be a daunting task. Many companies offer free debt consolidation help to those who are cash strapped. Read more from: http://www.credit-card-gallery.com/credit_card_debt_consolidation_loan.html
Has anybody had any luck with debt consolidation through one of those companies?
Im about 10 grand in the hole! I have been missing payments to credit cards lately, and have medical bills that I haven't even considered paying. I just make sure I keep my rent, and my care note payments up to date.
I hear these advertisments all the time for debt consolidation companies (not bankruptcy) and was wondering if anyone out there has had any luck?
DaveRamsey.com is the place to go! His theories are amazing! We are currently attending one of his Financial Peace University classes. All I can say is read up on his site before you do anything else!
Debt Consolidation...?
Does anyone have any advice on debt consolidation? I want to learn everything I can about it before I take the leap to do it, what are the best companies, pros and cons...stuff like that. I haven't been able to work for the past few months because I moved to Virginia with my fiance and with me having a 3 year old with no one to help care for her, it's been really hard. She starts head start on the 3rd of September, however, it seems as if my bill collectors are gonna drive me crazy before then. I have been making payments, but last month I had to start making lower payments and half payments. Well that is not good enough for Wells Fargo. I just need some advice on this subject. Thanks to all, and have a great day!
Well, I just got off the phone with incharge and they said there is nothing they can do for me. *sigh* Any other ideas?
I did it on my own...used the information that I got off of http://www.thecreditrepairmanual.com
Should I cancel my debt consolidation?
I am currently a little over $5,000 in debt, not including my car loan. I am planning to move to a new city at the beginning of 2009 and am trying to get myself out of debt. I went to Care One Credit and applied to use their services without looking into their company. I have since found out using this service can hurt my credit. I have been a member of this service for about a week now, and am starting to get notices saying my credit cards are being revoked. I have never been late on a payment and I was just wanting to get out of debt quicker and get lower interest rates. Should I get with care one and cancel the service, and speak to my credit card companies on my own, or is it too late to stop this from hurting my credit?
Debt management programs are for people who can no longer make payments on their cards, and is used as a last step toward bankruptcy. People usually come to these programs when they are severly behind in payments. Generally, this helps peoples credit as it brings them current. However, since you were already current it could have the opposite effect.
It sounds like you just wanted a quick fix, which a debt management program is not. One requirement of these programs is that all your accounts will be closed. You probably can get off of the program, but it would be up to each credit card company if they will re-open your account.
If you can not get the accounts reopened then I would actually just stay on the program and pay them off as soon as possible. You have a lower interest rate and since most of the damage is already done.
It's a bit late for this piece of advice for this case, but you should NEVER sign up or apply for anything without first reading about the program and/or company. Because you did not take the time to find out exactly what happens you did not get the result you wanted. This is not only for Credit but just about everything else in your daily life.
How does debt consolidation work?
I am looking online to see if I can find a place that can consolidate my debt. All I am finding are places for credit card debt. Are there any places that just do general debt consolidation? I have only have two credit cards and the majority of my debt is medical bills, but it doesn't seem like they take care of the medical bills according to all these websites. Any help is appreciated!!
You basically have one main choice (a loan or a debt consolidation service) and then options for each. Here's some detail on each choice.
Debt Consolidation Loan
Many people think first of a debt consolidation loan when seeking online debt consolidation. This option typically means a second home loan (or home equity line of credit) or refinancing your primary mortgage (or, in rare cases, a new unsecured personal loan). In a debt consolidation loan, you exchange one loan for another. The most frequent form is taking out a mortgage loan, which carries a lower interest rate and is tax deductible, to pay off high interest rate credit card debt. It is important to be aware that shifting unsecured debt to secured debt can create a volatile situation, if there is ever a chance that you cannot afford the new mortgage payment you are now putting yourself at risk of foreclosure! In the case of a debt consolidation loan, most mortgages are 30 year loan, which means that the total cost and the time to debt freedom could be very high… but the monthly payment will be lower than other options and there is no credit rating impact. If you do not qualify for a home equity loan, then the only other option would be to apply for an unsecured personal loan to consolidate your debt.
Credit Counseling
Credit counseling, or signing up for a debt management plan, is a very common form of online debt consolidation. There are many companies offering online credit counseling, which is essentially a way to make one payment directly to the credit counseling agency, which then distributes that payment to your creditors. Most times, a credit counseling agency will be able to lower your monthly payments by getting interest rate concessions from your lenders or creditors. It is important to understand that in a credit counseling program, you are still repaying 100% of your debts – but with lower monthly payments. On average, most online credit counseling programs take around five years. While most credit counseling programs do not impact your FICO score, being enrolled in a credit counseling debt management plan DOES show up on your credit report… and, unfortunately, many lenders look at enrollment in credit counseling akin to filing for Chapter 13 Bankruptcy – or using a third party to re-organize your debts.
Debt Settlement
Debt settlement, also called debt negotiation, is a form of online debt consolidation that cuts your total debt, sometimes over 50%, with lower monthly payments. Debt settlement programs typically run around three years. It is important to keep in mind, however, that during the life of your debt settlement program, you are NOT paying your creditors. This means that a debt settlement solution of online debt consolidation will negatively impact your credit rating. Your credit rating will not be good, at a minimum, for the term of your debt settlement program. However, debt settlement is usually the fastest and cheapest way to debt freedom, with a low monthly payment, while avoiding Chapter 7 Bankruptcy. The trade-off here is a negative credit rating versus saving money. A company like Freedom Debt Relief does this.
Net-net: while there are many forms of online debt consolidation, many people with good to perfect credit who own homes should look into debt consolidation loans, while consumers with high credit card debt and poor credit may want to explore debt settlement or debt negotiation. However, each consumer is different, so find the online debt consolidation option that fits for you.
You can apply for a free consultion here : https://www.bills.com/debthelp/debt
I really hope this helps you... but do your homework on your options and the company that you pick first!
debt consolidation care one - News
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