Vision Credit Education, Inc. provides financial counseling programs that help you eliminate debt and build wealth. We are highly trained to help you assess your financial situation, review options and provide you with the feedback you need to make a good decision.
We help you understand how credit works, why it is important and what you can do to protect it. From establishing credit to repairing credit, we show you how you can build a strong credit history.
For example, higher interest rates might interfere with your ability to pay off your debt. Higher payments might be difficult to afford. Even fees can jeopardize your ability to stay current.
Find out how to fix all three problems. We can show you how creditors are willing to lower your interest rates, reduce your payments and even waive fees. In fact, most major credit card companies financially support a program that does exactly that.
If you do not qualify for benefits through a debt management program, we can still help you with debt repayment strategies. Discover why our counseling program can help you eliminate debt and build wealth. Welcome to Vision Credit Education!
July 3rd, 2008 by Kenneth Long
Fair Isaac has reported that the massive overhaul to their FICO credit scoring model will be implemented at some point in the summer of 2008. Known as FICO 08, the changes are meant to curb the abuses of credit repair schemes and provide better predictors of consumer risk factors. Read the rest of this entry »
July 2nd, 2008 by Kenneth Long
Sheriff John D. Green of the Philadelphia Sheriff’s Department has announced a new pilot initiative to curb the proliferation of foreclosures in Philadelphia County and in the city. To give the program a chance, he has halted foreclosure sales until homeowners and lenders have been given a chance to mediate the situation. Read the rest of this entry »
June 26th, 2008 by Kenneth Long
If you have ever missed a payment on a credit card or loan account, you may think that the late fee is the big penalty. While these fees can be hefty, they are a drop in the bucket compared to what they can cost you on future loans due to a lower credit score. Read the rest of this entry »
June 24th, 2008 by Kenneth Long
If you have been told that you should close a credit card account, understand that the move will reduce your credit scores. Even Fair Isaac spokesperson Craig Watts confirms that credit scoring formulas do not reward consumers for closing accounts; rather the normal conclusion is a drop in credit scores. Read the rest of this entry »