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Debtconsolidationcare.com - the USA consumer forum

credit score

Date: Wed, 10/13/2010 - 02:24

Submitted by chrissalamipour
on Wed, 10/13/2010 - 02:24

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Total Replies: 1


what impact does debt settlement have on our credit score?


Debt settlement hurts your credit score big time. If your credit score is around 680 (having one late payment on your credit card), then your credit score may go down by 45-65 points after debt settlement for one card. However, if your credit score is around 750 (with no late payments), then you may lose between 140 and 160 points.


lrhall41

Submitted by Good Nelly on Wed, 10/13/2010 - 04:33

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