Credit card debt

Your two best options are either debt management or debt settlement.

Debt Management or dmp would be your first option to look into. It will get you one monthly payment around what you are paying the minimums but at much lower aprs" usually around 6%-9% " so you get the debt paid off much faster than on your own. It doesn't hurt your FICO score but does show you are in a debt management plan until you finish the program. If you can`t afford the payment for this type of program than you might want to consider the next option of settlement.

Debt Settlement is a hardship program for people who are overextended , can`t afford the minimums , can`t afford a dmp , and don`t want to file bankruptcy. It will get you one payment around half of what you were paying and get you out of debt in 3 years or less " depending on how aggressive of a program you can afford ". It does hurt you FICO score in most cases because the account have to be delinquent for the creditor to be willing to settle .But then again if you are a good candidate for debt settlement its because your bills are either delinquent or about to anyways and thus the fact it would hurt your credit is irrelevant.

Both options are good options . It just depends on your unique situation. Also if you decide to hire a company or law firm to settle the debt for you be sure to check them out on the BBB to make sure they have a solid track record.