logo

Debtconsolidationcare.com - the USA consumer forum

debt settlement

Date: Mon, 08/18/2008 - 12:08

Submitted by anonymous
on Mon, 08/18/2008 - 12:08

Posts: 202330 Credits: [Donate]

Total Replies: 1


is debt settlement bad for your credit?


The creditors will not settle on current accounts and thus the account need to be at least 90-120 days late. If you are a candidate for a debt settlement program than your bills are either already delinquent or about to be so the fact it hurts your credit is irrelevant. It is a hardship program for people who are overextended and can no longer afford the minimum payments , can`t afford a dmp and don`t want to file bankrptcy.


lrhall41

Submitted by mobile0311 on Mon, 08/18/2008 - 12:19

( Posts: 1817 | Credits: )