Your credit rating
When people fall behind with their debts they naturally worry about the impact this may have on their credit rating. This is understandable as once a negative notation has been recorded it will remain on their credit file for years, even if the account is later paid the damage to their credit file will remain for years, making it very hard if not impossible to secure &obtain new finance on favourable terms.
The good news is we can often help protect your credit rating.
In most cases once a client engages our services the credit provider will stop any recovery action that may have commenced. Given we are able to resolve the matter and settle the account, it is most unlikely the credit provider will record a negative listing with the credit reporting agencies.
Our history demonstrates that many of our clients have settled their debts for significantly reduced amounts and have avoided negative impact on their credit files.