Help with consolidating credit card debt
Below, we go through five popular myths and the credit facts that debunk them.1) Myth: Applying for a credit card only affects your credit score if you use the card.Each plan has its own advantages and disadvantages but all plans offer third party intervention with creditors and options for eliminating debts.A plan to manage your debt is any strategy that helps consumers repay debt obligations or otherwise handle debt payments through a plan of action that is mutually beneficial to both debtor and creditors.Before you determine which approach is best for you, talk to Trinity first.The Trinity team can assist you during this difficult time.Plans may involve working with creditors to restructure debt payments or negotiate better terms, consumer rights to legal protection and fair debt collection, strategies to accelerate debt repayment or elimination, loan products, or consolidating to better manage monthly payments.
2) Myth: Paying less than the minimum payment on your credit card bill doesn’t count as a missed payment.
We’re ready to do a complete analysis of your financial situation and formulate a strategy that best suits your needs.
Remember, the choice you make today will affect your credit rating now and in the future.
Credit cards can be great financial tools, as long as you use them wisely.
Knowing the facts about credit cards can help you avoid financial pitfalls.
Now that you have a good handle on the basic facts about credit cards—as well as the most common misconceptions—you have the tools to better manage your credit and build a strong credit history.