Yesterday was Veterans Day, and here at Lutheran Social Services Consumer Credit Counseling Service (CCCS), we’re thankful. Thankful for the heroes who have given their lives in service to our country; thankful for those who have returned; and humbled by the many families who serve right along with those who wear our country’s uniforms.
As we reflect, we’re also taking stock of the many services we offer to active duty military members and their families, as well as military veterans.
Looking to buy a home through the VA’s loan program? We can help with that. Are you eligible? Here’s a great link.
While we’re on the topic of loans – several laws have been put in place to protect those currently serving and their families. Military OneSource has compiled an excellent list – check it out here.
Wondering whether it is time to seek help for credit issue(s)? Do you:
- Avoid making credit purchases (car, home, etc) because you are afraid of what might be on your credit report?
- Feel embarrassed by your credit report?
- Dread the phone ringing because you fear the caller is a collector?
- Take cash advances to pay monthly payments?
- Fear foreclosure or repossession of a home or car as a result of late payments?
- Pay higher insurance rates due to credit issues?
- Think you have recently been denied credit (credit card application, etc)?
- Have a stack of unopened bills that you just can’t find the courage to face?
Use the tasks below as a “to do” list to take immediate steps to improve your credit standing.
- Open bills and sort them according to type.
- List all debts with their balances, and calculate total debt.
- Calculate current monthly expenses using a CCCS spending plan.
- Examine spending plan to find places to make necessary reductions. Use as much income as possible toward debt repayment.
- Obtain a free copy of your credit report @ www.annualcreditreport.com or call: (877) 322-8228.
- Review your credit report for errors and inaccuracies. Develop a plan to correct the problems (CCCS can assist you with a credit report review)
- Make bill paying a priority by paying all of your bills on time, raising your credit score and avoiding more charges.
If you need assistance with any of the steps listed above or just feel too overwhelmed to take the first steps, call CCCS immediately for a confidential appointment with a credit counselor.
On this day, and every day, we give thanks to all those who have served our country. We also stand at the ready – we’re a phone call (1-888-258-2227) or e-mail (cccs@LssSD.org) away.
Remember: Credit counseling does not affect your credit score.