Credit Counselling

March 23rd, 2009 by Questions

How long does it take after completing a Credit counselling program do u get in the clear.
Sandra, Ontario

Posted from: Ontario

Questions

One Response to “Credit Counselling”



March 24, 2009 at 7:06 am, A licensed trustee said:

Once yuo complete a credit counseling program your credit will look “pretty good” – it is simply a matter of rebuilding with some new credit. Check your crdit bureau to see that it shows that you have completed the program before you start shopping ofr credit. Then go and speak to a loans officer at your bank – tell them what you want to do and they will explain the steps to take in order to rebuild quickly.

Whatever you do, don’t start applying allover tehbplace for credit. Everytime you apply for credit it shows on your credit report – if you apply to more than two places in a 6 month period and are rejected by both then you’ll have to wait a year before anyone else will consider you again…

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)