Will credit score change after paying a debt settlement?
Best Way to Settle Your Credit Card Debt FAST:
Do It Yourself Debt Elimination Debt Settlement
After one pays a credit card debt settlement, will your credit score change at all?Will it stay the same, go up or down. Please ONLY answer if you have experience/knowledge about this.Thank you and God bless
Ask lenders for agreement [...]
How To Get Rid Of High Credit Card Debt Payments
You struggle each and every day at work to earn money and for what? So you can make enough for your minimum payment just to turn around and send it off to your credit card companies? And then you get your statement the next month and see that all that hard work of yours only [...]
I’m up to date on my credit card payments, will debt settlement effect my credit score?
I’m not behind, I would like to settle because of the new interest rates my monthly payments are not reducing the principle.
Closing the accounts and settling will affect the credit score. The difference you settle for will be reported as income w/ a 1099. So you will have to report that on your income tax [...]
does anyone know if the credit card debt settlement programs work or not?
The "programs" you see advertised do not work very well. Doing it yourself does work.
Some things to consider about Debt Serttlement, especially if you have a boatload of debt and numerous accounts (as I did in 2009):
1) First of all, make absolutely sure you have to go the Debt Settlement route. Your Credit Rating [...]
hi,I have about 40k in credit card debt ,is it a good idea to contact a debt settlement firm?
Stay away from any "debt consolidation" company that promises to cut your debt and payments in half through debt settlement….This is a risky tactic of deliberately ceasing all payments to creditors and forcing your accounts into default to attempt settlements. You pay a monthly fee to a debt consolidator….this entire fee goes towards building a [...]
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