Baton Rouge Credit LLC

PSA:

Every year after Christmas, we see a flood of customers dealing with borrower’s remorse after spending or borrowing too much during the holiday season. At the same time, the general public is bombarded with advertising from debt-relief companies.

If it sounds too good to be true, it is.

These companies often advise you to stop paying all of your creditors and let them “settle” your debt. Their business model typically relies on your creditor charging off your account as bad debt due to nonpayment, then offering settlements that some creditors may accept.

While you’re paying into their program, some of your money goes toward administrative fees, and the rest is supposedly used to negotiate settlements. As a creditor, I haven’t received anything from any of these companies in the last 20 years. The only reputable organization that operated in this space was Consumer Credit Counseling Service, and it is no longer operating.

Talk to your creditors directly. Don’t put your trust in these companies. This approach can cost you your (now ruined) credit, more interest, and possibly legal fees.

Please share to help someone!

Baton Rouge Credit will be closed tomorrow July 4th. We wish everyone a happy and safe holiday.

Our office will be closed on Monday, May 26th, in commemoration of Memorial Day.

Baton Rouge Credit will be closed Today for Good Friday and reopen on Monday.April 21st. As always we appreciate your business and would like to wish you and your families a blessed Easter Holiday.

We will be Closed Monday, January 21st in observance of Dr. Martin Luther King, Jr. Holiday. Be Safe and have a wonderful day.

We would like to thank each of our wonderful customers for their continued business and wish you and your families a wonderful and blessed Christmas Holiday.
Your business is appreciated and we are looking forward to a great new year!