These are articles that have information on credit counseling, credit restoration, credit repair services, consumer credit advising and credit help. We are a leader in credit repair and restoration.
It is easier said than done when someone tells you not to spend too much money on your credit cards, especially if you have become reliant on them. Instead of offering you a list of tips that can be hard to follow, PCS Debt Relief wants to give you some solutions that will help you restructure the way you think about credit card spending.
Credit scores have always been rather nebulous. There are various speculations about how they are calculated and what they impact. This week’s blog explores what your credit score actually impacts. It is common knowledge that your credit score determines your approval for large purchases like homes or cars. They can also affect your eligibility when opening a new credit card account. What many fail to realize is the impact your credit score has on day-to-day […]
Admitting that you need help can be hard for some people and it can be even harder to ask for help when you’re in debt. How can you achieve financial stability? How could you possibly reclaim your life on your own? Are there debt relief options that are right for me? How do I know I can trust another company to get me out of debt? The questions are endless, but they shouldn’t have to […]
If you are seeking a mortgage loan or major financing, you may have heard the term DTI used. This is your Debt-to-Income ratio and it can affect your eligibility for loans. The ratio is determined by dividing your total monthly debt payments by your total monthly income after taxes and deductions. Lenders prefer your DTI to be around 43-47% max. This tells lenders you are not that great of a risk for defaulting on the […]
Each year, as taxpayers, we receive a portion of what we are owed from federal and state tax refunds. This refund can help those in financial hardships recover quickly, as most refunds are deposited 21 days after you file your claim to the IRS. This refund can also serve as a bonus to repay yourself if you are ready to take a vacation or want to make a special purchase for yourself.
Your refund can be […]
Why you filed bankruptcy is your business. What happens after filing bankruptcy and your evaluation of what lead you to do so that can help your future financial goals.
Choosing to file bankruptcy is a personal decision.
- Unexpected or sudden job loss?
- Overwhelming medical expenses?
- Unmanageable or out of control debt?
Again, your reasons are unique to you.
When you are faced with a financial nightmare and aren’t sure what options you have, our credit advisors can help you determine your best option. This solution might be credit counseling, debt settlement, or applying for reduced monthly payments and lower interest rates with your creditors. The preferred method of eliminating debt is often debt settlement, but you must be eligible for this program. That leads us to the question, “Am I qualified for debt […]
The word “debt” sounds as heavy as it feels. And it doesn’t matter if you’re under a mountain or a small mound of it.
Eliminating debt is one thing. Staying out of debt is another.
Each can have a lot to do with your perspective or your mindset about it.
Financial writer, Holly Johnson reminds that getting free from debt isn’t that you’re “…smarter or better than people who just can’t seem to get out of debt; very […]
We all know that credit cards impact your credit score. But there are so many unknowns when it comes to how to use them to your advantage. Opening a line of credit is one of the easiest ways to begin establishing a credit history. But, applicant beware as there are some things to consider first.
How many credit cards is the right amount? A healthy number of credit lines (including credit cards) is anywhere from 11 […]