Debt Mgmt for Married Couple

If you are just looking to have your interest rates lowered, you are better off trying to do this on your own. Enrolling with a debt management company will be very damaging to your credit and not something you should do just to make it more convenient to pay one payment instead of seperate payments. If you are looking to reduce your debt because you can't afford to pay the debt as agreed, then you should consider debt settlement. There are reputable debt settlement companies who can reduce your debt up to 60%. That will also have a negative affect on your credit, but you will have less debt to pay off and if you could not pay the debt as agreed, your credit would have been affected anyway. Once your debts are settled your credit will begin to improve.

Our credit is totally trashed anyway. After we got married in 08, neither one wanted to live in the other's home so we lost one to foreclosure and the other to short sale. Our credit can only go up from here. We are current on payments but not for long.

What is your debt amount? If you have over 10,000 in debt, you may beable to enroll in a debt settlement program.

we would definitely need more info about how much debt you owe to help guide you in the right direction. either way you can get help from companies married or not. if you choose the settlement route you can do this on your own. but considering if you only have 3 cards and they are very small you may be better to suffer it out or settlement. from the info we have im not sure management/consultation is your best option. but then again im unaware of how much debt is on each of those cards. let us know so we can help you better