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About credit unions 101 | Credit unions & Personal Finances | Privacy Policy
Copyright© Credit Unions 101, 2010
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Credit Unions 101 is a referal service that puts you in touch with companies offering services you are interested in receiving quotes and consultations from. Credit Unions 101 is not an end provider of debt relief services nor are we part of any agreement or contract of services you may commit to with a debt relief company. The content provided on CreditUnions 101.com is a general description of services. Actual benefits, costs and features of debt relief services will vary from company to company. It is up to you, the consumer to consult with the service provider directly and or any professional you deem appropriate to educate yourself on all the details of a debt relief program before making any final decision. By completing a form on this website you are requesting service(s) to contact you, in most cases by telephone, regardless of your status on the do not call list (DNC). Forms on this website are for information requests only, mainly for free consultations and quotes, they are never an application or pre-qualification for services. Credit Unions 101 evaluates carefully the service providers we put you in touch with, however we do not endorse nor are we responsible for the actions taken or services provided by any particular company that may be found by using the CreditUnions101.com website. Credit Unions 101 is not providing legal, financial, investing or any other professional advice. Although we believe the content on this website to be acurrate it is general in nature and does not fully describe the complex details of every debt situation or program you may decide to use. It is recommended that you always contact a professional in the appropriate field for advice before making any decision. In no case should you, the visitor, believe that there is any gaurantee that a you will not have to file bankruptcy now or in the future. This type of claim is not possible since bankruptcy is YOUR decision. * Up to 60% Debt reductions shown are real examples of some of the higher potential debt reductions possible. The debt negotiation industry averages about a 50% debt reduction, plus fees for their service, your results will vary. Credit Unions 101 is not the end provider of debt relief service thus we do not gaurantee any debt reduction amount, this will be estimated by the debt relief company you choose to use. Important Issues to Consider when Evaluating Debt Settlement or Negotiation Programs Consumers should not use a debt settlement service if they are able to pay their minimum balances due each month. Nor should the join if they do not have a legitmate financial hardship. 1) late fees, penalties, and interest will continue to accrue on the consumer’s debt until the consumer’s creditors accept and receive a settlement; (2) a consumer’s creditors may still sue to collect on the debts and garnish the consumer’s wages; (3) interest rates applicable to the consumer’s debt may increase; (4) any money a consumer saves in negotiating a settlement with a creditor must be treated as income for tax purposes; and (5) a debt settled for less than the full amount owed may result in a negative notation on the consumer’s credit report. Credit Unions 101 is not acting as a lender or broker. The information provided by you to Credit Unions 101 is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher, depending on your property's location, your credit score, your loan-to-value ratio, debt-to-income ratio, and other factors. Not available in all states. Credit Unions 101 is not liable for any loss resulting from a business relationship formed by you the consumer and an end service provider found using the www.creditunions101.com website. |