Posted on January 28, 2010 at 2:58 am Hi would you explain how paying off one's debt and one's credit score  are related?

Posted on January 28, 2010 at 5:20 am Hi would you explain how paying off one's debt and one's credit score  are related?Via the credit score:-35% Payment History- 30% Amount Owed-15% Length of Credit History-10% New Credit-10% Types of Credit Used*The bolded segments are affected by non-payment and finally the payment of your debt. Coming into a debt settlement program, understand that those segments are already in bad shape - so graduating from the settlement program would only improve those numbers.

Posted on January 28, 2010 at 5:23 am Still in line with the paying off debt and credit score topic - once you're done with the program, obtain a copy of your credit report from the 3 major credit reporting bureau, check for errors - and request for them to be fixed.

Posted on March 5, 2010 at 6:17 am Paying off debt and credit score - hi, credit score is just part of the report - if forexample, you did debt settlement, that would appear on the report as "settled", "settled for less than the full balance", or "settled in full." -- whether or not it would play a factor in your obtaining a loanor employment or apartment ... is really up to your lenders.

Posted on March 5, 2010 at 6:21 am Hey you might have touched upon FTC's the Equal Credit Opportunity Act (ECOA) there,so to know more about it, read up:http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre15.shtm

Posted on March 5, 2010 at 6:24 am Thanks for that! I'll highlight a section: VI. If You Suspect a Creditor has Discriminated Against You, Take Action./Complain to the creditor. Sometimes you can persuade the creditor to reconsider your application.///Check with your state Attorney General’s office (www.naag.org) to see if the creditor violated state equal credit opportunity laws.///Consider suing the creditor in federal district court. If you win, you can recover your actual damages and be awarded punitive damages if the court finds that the creditor’s conduct was willful. You also may recover reasonable lawyers’ fees and court costs. Or you might consider finding others with the same claim, and getting together to file a class action suit. An attorney can advise you on how to proceed./Report violations to the appropriate government agency. If you’ve been denied credit, the creditor must give you the name and address of the agency to contact.