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Old 02-18-2007, 08:53 AM   #11
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luvmybabies3
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Originally Posted by Happymom
I was told that credit counseling shows up as bad as a bankruptcy on your credit reports.

As I said,we are under one and it does not show as a bankruptcy.It actually tells if it is under a program and it doesnt bring negatives on my end.
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Old 02-18-2007, 08:56 AM   #12
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luvmybabies3
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Quote:
Originally Posted by 80sgirl
Exactly what NewMommy2006 said -- we used one many years ago. When we went to refinance we were treated the same way -- credit counseling of any kind shows up as a very bad mark against you with mortgage companies and lenders. And also, you dont want to use one that you have to pay for -- if you do decide to go that route.
When we refinanced last month,nothing bad was ever said about our program.Actually they comended what we did as we took the step to pay them off with help.Creditors know nobody is perfect and everyone runs into issues.It looks worse letting the cards go.



I hope it works out for you.
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