Help needed to pay off my debts
Date: Tue, 01/23/2007 - 11:50
How should I go about paying off my debt? I owe 30,000$. 8 diffrent credit cards. Most of them are in the write off stage. I havent payed on them for over a year now. I just came arcoss enough money to start paying them back. What would be the best why to pay them back?? I would like my credit score to go up asap. Should I settle, an pay less then I owe?? Or should I pay in full???
Paying in full will raise your credit scores more than paying a
Paying in full will raise your credit scores more than paying a settlement amount. The creditors will report to the bureaus according to how you pay them.
Call your creditors and let them know about your payment plans. You can negotiate for a lower amount provided they are going to report to the bureaus in a fair way. Anything that says "Settled" will hurt your scores severely.
