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Credit Assistance Network Credit Repair Review

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Credit Assistance Network is one of the smaller credit repair agencies in the business, a status that comes with pros and cons. While the company is more likely to give you individualized attention than a major competitor might be, you’ll also have to deal with fewer resources and outdated technologies.

What gets our attention most about Credit Assistance Network, though, is its fee structure which, unlike most competitors, operates on a per-deletion basis instead of a monthly basis. For anyone with a long list of credit reporting errors to fix, this could lead to exorbitant fees you can’t afford to pay, leaving you in an even worse position than where you began.


Pros Explained

Cons Explained

Types of Services

Credit Assistance Network offers a single credit repair service with no clearly defined plans or packages. Since the company is smaller than most competitors, it has the advantage of being able to tailor services to the individual. This means the services you receive may vary depending on your personal credit history. However, Credit Assistance Network highlights two core services that it offers by default to all credit repair customers.

Credit Disputes

Most people seek out a credit repair company for assistance disputing items on their credit report. Credit Assistance Network handles these disputes on your behalf, first combing through your credit reports to identify potential errors and then drafting and sending letters directly to the credit bureaus. The company will then follow up on any disputes that are rejected to pursue alternative courses of action.

Creditor Interventions

A more unique service to Credit Assistance Network is its inclusion of creditor interventions. This encompasses a range of actions that require interacting directly with creditors. The company may send requests for debt validation, which forces the creditor to come up with proof that you legally owe the debt they are reporting. If your credit is in otherwise good shape and you’ve been making all your recent payments on time, you may benefit more from a goodwill letter, which simply asks the creditor to remove the derogatory mark out of good nature.

If Credit Assistance Network or any credit repair company suggests sending debt validation letters on your behalf, proceed with caution. Most collections agencies view this as a sign that you intend to avoid the debt and it may trigger a more aggressive effort to collect payment.


Optional Add-Ons

Depending on what Credit Assistance Network finds on your credit reports, they may suggest additional services to help further improve your credit. There’s no official pricing structure for these additional services, so it’s up to the company to decide how many they’ll include in your base fees before imposing a surcharge. Make sure to ask about additional fees before agreeing to services not included in your initial contract.

Settlement Offer Assistance

Credit repair can’t be used to erase valid debts that you actually owe. If a delinquent account is bringing down your credit score, the best course of action is to pay off the balance as quickly as possible. Since it’s in the creditor’s best interest to collect as much of their money as possible, some will accept an offer for less than the outstanding balance if you agree to pay a lump sum. Credit Assistance Network can help draft settlement offer letters to creditors if you choose to pursue this option.

Identity Theft Resolution

Victims of identity theft face a long road to repair their credit by eliminating traces of accounts opened by criminals in their name. Credit Assistance Network can tailor its services to help anyone struggling to restore their credit to its prior status after their identity has been stolen.

Security Clearance Assistance

If your job requires you to have a security clearance, your credit is one of the many items looked at on your application. While bad credit won’t necessarily bar you from getting clearance, it can certainly hurt your case. Credit Assistance Network offers a specific service to those hoping to polish their credit before applying for a security clearance.


Customer Service

Credit Assistance Network primarily interacts with customers by phone and email. Representatives are available to answer phones from 9:00 a.m. to 9:00 p.m. EST every weekday. This is a selling point for working professionals with a nine-to-five job; many competitors shut down phone lines right at 5:00 p.m. every day, which creates a major headache anytime you need to get in touch with your case manager.

Sadly, the Credit Assistance Network website doesn’t live up to the same standard. Much of the site’s information hasn’t been updated since 2013 or earlier, and the design appears at least as old. We frequently struggled to locate key information such as pricing, and some details were entirely incorrect. For example, while Credit Assistance Network advertises an A+ rating with the Better Business Bureau, its actual rating is a much less respectable C+.


Company Reputation

We frequently use third-party rating sites as a source of customer review data when analyzing credit repair companies. Unfortunately, Credit Assistance Network doesn’t have much of an online footprint, likely due to its small customer base. The company has no complaints registered with the Consumer Financial Protection Bureau or the Better Business Bureau, although it does receive a less-than-optimal rating of C+ from the latter. Due to a lack of data on popular review platforms such as Google, we were unable to locate reliable customer testimonials.


Contract Duration

Unlike the vast majority of credit repair companies, Credit Assistance Network doesn’t charge fees on a monthly basis. With no contracts to speak of, it’s easy to cancel services anytime. However, since Credit Assistance Network bills customers based on the number of successful disputes, you may still be responsible for fees related to any items that are removed after you cancel.

Note that Credit Assistance Network does offer a 90-day money-back guarantee. If no items are successfully removed from your report in the first three months, the company will refund any fees paid up to that point.

If you have a complaint about the services of a credit repair company, you can file a complaint with the FTC or call 877-FTC-HELP.


Cost

Credit Assistance Network charges two types of fees. The first is a one-time setup fee paid when you sign up for services. This fee is $179 for individuals and $279 for couples, which is extremely high for the industry. The second fee is charged based on the number of items the company has deleted from your credit reports. The rate is $50 per deletion per bureau; public record deletions are $75 each. 


The Competition: Credit Assistance Network vs. Credit Saint

To see how much you’d pay for credit repair with Credit Assistance Network versus a company that charges monthly fees, we ran a comparison against Credit Saint. The competitor’s mid-tier Credit Remodel package costs $99 per month and includes up to 10 disputes for every billing cycle, placing the cost per dispute as low as $9.90. You’d pay $500 for the same number of disputes with Credit Assistance Network (assuming they were all successful).

On top of this, Credit Assistance Network’s $179 first work fee is nearly twice the $99 you’d pay with Credit Saint. Taking these costs into consideration, Credit Saint is easily the better value out of the two.


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Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom

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Loans Bad Credit Online – PNC Personal loan 2021 Review

Top perks

Low minimum loan amount

Customers can borrow $1,000 to $20,000. That minimum loan amount of $1,000 is unusual in the personal loan industry. A low minimum threshold means you can get the cash you need to cover small emergencies without being tied down to a larger loan.

Wide range of repayment terms

You have between 6 and 60 months to repay the loan. There are pros and cons to longer repayment terms, so this flexibility allows you to customize your term to your situation.. With PNC, you have the option of designing a repayment plan that fits your monthly budget.

Joint applicants welcome

Whether you need a joint applicant’s high credit score to qualify for a lower loan interest rate or someone has decided to co-assume responsibility for a personal loan, PNC allows for joint applicants.

What could be improved

Terms depend on location

The first thing you will be asked is where you live. On its loan homepage, PNC states that “PNC product and feature availability varies by location.” While this may be good news for borrowers in some areas of the country, it could be bad for others. You’ll need to see what it means for you.

Lowest interest rate reserved

If you’re looking to borrow enough to make repairs to your roof or buy a new furnace, you might not borrow enough to qualify for PNC’s lowest advertised interest rate. That’s because that low interest rate is reserved for those borrowing more money. For example, PNC will automatically assign a $5,000 loan a higher interest rate than a $15,000 loan.

Loans Bad Credit Online – PNC Personal loan 2021 Review

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Loans Bad Credit Online – Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom | Fintech Zoom

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Loans Bad Credit Online – Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom

Loans Bad Credit Online – PNC Personal loan 2021 Review

Top perks

Low minimum loan amount

Customers can borrow $1,000 to $20,000. That minimum loan amount of $1,000 is unusual in the personal loan industry. A low minimum threshold means you can get the cash you need to cover small emergencies without being tied down to a larger loan.

Wide range of repayment terms

You have between 6 and 60 months to repay the loan. There are pros and cons to longer repayment terms, so this flexibility allows you to customize your term to your situation.. With PNC, you have the option of designing a repayment plan that fits your monthly budget.

Joint applicants welcome

Whether you need a joint applicant’s high credit score to qualify for a lower loan interest rate or someone has decided to co-assume responsibility for a personal loan, PNC allows for joint applicants.

What could be improved

Terms depend on location

The first thing you will be asked is where you live. On its loan homepage, PNC states that “PNC product and feature availability varies by location.” While this may be good news for borrowers in some areas of the country, it could be bad for others. You’ll need to see what it means for you.

Lowest interest rate reserved

If you’re looking to borrow enough to make repairs to your roof or buy a new furnace, you might not borrow enough to qualify for PNC’s lowest advertised interest rate. That’s because that low interest rate is reserved for those borrowing more money. For example, PNC will automatically assign a $5,000 loan a higher interest rate than a $15,000 loan.

Loans Bad Credit Online – PNC Personal loan 2021 Review

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Loans Bad Credit Online – Loans Bad Credit Online – PNC Personal loan 2021 Review | Fintech Zoom

Tags: Loans Bad Credit Online

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Loans Bad Credit Online – Badger Advisors Gets Bad Review For Credit Card Refinancing | Fintech Zoom

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Loans Bad Credit Online – Badger Advisors Gets Bad Review For Credit Card Refinancing

Editorial Credit: Djomas

Badger Advisors wants you to believe they are offering credit card refinancing and have begun flooding the market with debt consolidation and credit card relief offers. The problem is that the terms and conditions are at the very least confusing, and possibly even suspect. The interest rates are so low that you would have to have near-perfect credit to be approved for one of their offers. Best 2021 Reviews, the personal finance review site, has been following Badger Advisors, Rockville Advisors, Old Dominion Associates, Sooner Partners, Snowbird Partners, Gulf Street Advisors, Memphis Associates, Safe Path Advisors, Plymouth Associates, Tate Funding, Braidwood Capital, Tiffany Funding, Nickel Advisors, Coral Funding, Neon Funding, Polk Partners, Ladder Advisors (also known as Carina Advisors, Corey Advisors, Pennon Partners, Jayhawk Advisors, Clay Advisors, Colony Associates, and Pine Advisors, etc.).

Editorial Credit: Ollyy

Credit Card Refinancing

Credit card refinancing is a possibly feasible solution for your piling credit card debt. Under credit card refinancing, all of your credit card balances go into one account where a single interest rate is charged. If you have a good enough credit score, then you may be able to qualify for credit card refinancing at low-interest rates. Just like other refinance options, credit card refinancing also entails a loan offer to pay off your debts and improve your financial health. You will then have to focus on the credit card refinancing loan only and no other credit card balance.

Another major advantage of credit card refinancing is that the interest rate will not vary over the lifecycle of the loan. This will simplify your life a lot and make debt servicing much easier since you will know how long it will take for you to pay back your loan. With variable interest rates that you often find in credit cards, you can end up incurring higher interest expenses. But with a fixed interest rate that credit card refinancing purveys, you will not have to face this unwelcome possibility.

With the right kind of credit card refinancing loan, you can possibly save hundreds and even thousands of dollars on interest expenses this way. Of course, you will have to be punctual with your monthly repayments. If the terms and conditions of your credit card refinancing loan are favorable then you may very well embark on the road to financial freedom and get there before you know it.

Is There Any Difference Between Credit Card Refinancing and Debt Consolidation?

From the aforementioned discourse, you may have realized that credit card refinancing is very similar to debt consolidation and that indeed is the case. Both are about settling all debts with one favorable loan so that you can focus on this loan only and enjoy its lenient terms and conditions to rebuild your credit score and gradually work your way towards debt freedom.

Provided the terms and conditions of your credit card refinancing loans are suitable, this financial option represents a viable route for managing and paying off your outstanding liabilities in a better way.

Why Credit Card Refinancing loan May be Better

A credit card refinancing loan may be a better choice than a balance transfer card. The idea of a balance transfer card is to take advantage of the zero APR introductory period that usually lasts from 12 to 18 months. However, there are a few caveats due to which a balance transfer card may not exactly be a good idea.

The zero APR period may look tempting but it still may not be long enough to pay off your entire credit card debt. And that is unfortunate because once the zero APR limit expires then you will have to pay very high interest and you may even incur penalties. Then there is the question of balance transfer fees that can offset the advantages of the zero APR time frame.

Another problem is that the credit limit of the balance transfer credit card may not be big enough to accommodate all of your credit card balances. This is a real possibility since your credit card debt is high to begin with and it may not fit within the credit limit of the balance transfer card.

Then there is the danger of spending with the balance transfer credit card. The inability to control spending and use of credit cards is the very reason why people fall into credit card debt traps in the first place. This possibility is very much open and present with balance transfer cards. Instead of helping you, they may worsen your debt situation since they too are credit cards that are all too easy to misuse. What’s worse, they have exorbitant interest rates.

Such a scenario cannot transpire with a credit card refinancing loan since it is not a credit line – this loan immediately goes towards paying off your credit card balances due to which there is no peril of misuse. Instead of getting another credit card in the shape of a balance transfer card it is much safer to freeze all of your cards and repay your debts.

If you do your research on credit card refinancing then you might find that some people also include balance transfer credit cards under this heading. But due to the drawbacks mentioned above, you should try to steer clear of balance credit cards and instead take out a personal loan for the sole purpose of repaying your credit card debts.

The prime advantage of credit card refinancing is that they can provide you with a low interest rate if you have a good enough credit score.

How to Make Credit Card Refinancing a Success

While credit card refinancing provides good terms and conditions, it is not a magic elixir that will cure all of your financial woes.

To make your credit card refinancing a success, you will have to follow some good money habits and exercise discipline at the same time.

You should try to find extra sources of income. You can think about working overtime at your job if that is possible. If not, you can opt for freelancing gigs and projects. Even if you earn a few hundred dollars through this route each month, it will prove to be of great assistance in helping you become debt-free more quickly.

You should also think up ways of saving on expenses. A major reason why consumers incur enormous debts is that they do not track their spending. This is a habit that you must remedy forthwith if you wish to get out of your financial predicament quickly. No matter how little your expense, make sure you record it somewhere secure. You can utilize apps to record your transactions. Thus, you will know the areas on which your spending is inordinate. You will also be able to compare your spending with your planned budget.

You should get in touch with your financial advisor to find out whether credit card refinancing is right for you.

Loans Bad Credit Online – Badger Advisors Gets Bad Review For Credit Card Refinancing

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