debt settlement

Date: Mon, 10/20/2008 - 11:25

Submitted by stephen.sanchez.qjig
on Mon, 10/20/2008 - 11:25

Posts: 6 Credits: [Donate]

Total Replies: 2

if a company offers me a debt settlement, and i accept does that look bad on my credit report. as opposed to paying in full, which i wish i could at the moment.

Debt Settlement

Stephen,
It sounds like you are not paying your creditors at the moment. If that is the situation, getting a settlement on the account isn't going to hurt you any more than what you are doing now, and at least you will have gotten rid of the debt. Hope that helps,
Aaron Englert
The Debt-Professor
link deleted per TOS - ND.com

lrhall41

Submitted by on Mon, 10/20/2008 - 15:55

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One of my accounts that was settled says "Paid as agreed, but at

One of my accounts that was settled says "Paid as agreed, but at less than total amount." I think what we all hope for is a simple "Paid as Agreed." My credit score is so tanked right now anyway, it doesn't matter. As more accounts settle, and as other credit is used responsibly and my mortgage is always paid on time, I expect my score to creep back up again.

lrhall41

Submitted by SusieQ on Mon, 10/20/2008 - 21:43

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