Member Log-In
Follow us on
How it works
ID #1020
Will I be able to take out a loan while on the Program?
Generally, we discourage clients from taking out new loans while enrolled in the program.
This is for 3 reasons:
- Your creditors may be unwilling to negotiate your debts if you take out additional loans.
- Your credit rating will be impaired, making it difficult to obtain favorable financing while in our program.
- We do not want you to take on more debt when our goal is to get you debt free as soon as possible. Any additional funds you have should be used to help resolve your outstanding debt, not getting into more debt.
Tags: creditors, credit rating, loan
Related entries:
- How does the ClearOne Advantage Debt Settlement Program work? What do I have to do?
- What makes you different from your competitors?
- Who are you guys?
- What is your goal?
- How does ClearOne Advantage's Program compare to Consumer Credit Counseling (CCC)?
You cannot comment on this entry
Comment of SzifgdckvfKeVgNI:
I'm really into it, thakns for this great stuff!
Added at: 2011-08-11 05:05
* Disclaimer - Not available in all states, individual results may vary and are dependent on successful completion of program and ability to save funds. ClearOne Advantage does not assume or pay any debt, nor does it provide legal advice or offer credit repair. Read and understand the contract terms before enrolling.
** Disclaimer - We do not charge upfront fees and you do NOT pay our fee until we arrange a settlement, you approve the settlement and at least one payment is made towards the settlement.