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debt-settlement versus credit-counseling

Date: Sat, 12/30/2006 - 20:50

Submitted by anonymous
on Sat, 12/30/2006 - 20:50

Posts: 202330 Credits: [Donate]

Total Replies: 2


My wife and I have over $90,000 in unsecured (credit-card) debt.

Our payments are over $2,000/mo.

We need to lower our monthly payments significantly in order to repay our debts. Which approach should we take?
Debt-settlement or credit-counseling? We'd like to avoid hurting our credit if possible

Thanks
Dave


Dave whew!!! Thats a tough one. Since you have regitered a debt counselor will be contacting you after the Holidays. Hopefully they can come up with a plan thats right for you. they deal with debt issues dailey. Keep posting and let us know your progress. Welcome to the forums. KYSIDE38


lrhall41

Submitted by KYSIDE38 on Sat, 12/30/2006 - 20:55

( Posts: 2477 | Credits: )