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NO. When a delinquent account is settled, this will be favorably reflected on your credit report. A settled account imposes less damage on your credit score than an unresolved delinquent account. Your ability to secure a loan should improve after successfully completing our program. Since your debts will be eliminated, your debt-to-income ratio will improve. Debt-to-income ratios are not part of a credit score. Yet they are an important measure by which lenders evaluate applicants for auto and home loans.
Meridian Debt Relief does not engage in credit repair services. No company can remove legitimate negative items from your credit report. Negative items will remain on your credit report according to the conditions imposed by the credit reporting agencies. The goal of a debt settlement program is to settle your delinquent accounts.
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