Yes. In order to negotiate, there should be deliquency, as otherwise, the creditors have no reason to negotiate.Originally posted by Chart
When a credit counseling service helps negotiate with credit card companies to lower the interest rate, does this reflect bad on the borrower's credit report?
There are usually two organizations. The "non-profit"...which will direct you to "a sponsoring company" that makes a profit.Originally posted by Chart
2) Is Consumer Credit Counseling, the non-profit org, legit? They seem to address all areas of the person's financial health and habits, not just the debt. Does anyone have any experiece with them?