How does debt settlement affect credit score
Date: Tue, 11/04/2008 - 20:24
Does debt settlement affect your credit scores and for how long?
for at least 7 years. It impacts your score as bad as BK for the
for at least 7 years. It impacts your score as bad as BK for the most part. You are basically not paying your bill as agreed.
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If you search the forums you will find many great threads on this subject. In debt settlement you are late and credit scores are already lowered and your first and main concern should be paying off your debts.