Questions about DIY settlement and bank accounts, credit score, blacklisting, and if they can take money from my account
Debt settlement can be a good
Debt settlement can be a good option for the unsecured debts. It is better for you to enroll in a debt management program, the expert will guide you. Also, it will take time to recover a good credit score. After getting out the debt problem, make sure you don't accumulate further debts.
Submitted by Sanders Patricia on Fri, 01/19/2018 - 05:05
I would say if you know a
I would say if you know a knowledgeable person about daily finances, have a discussion. If you feel, you can take professional help.
First of all what you need is planning your finances, planning a realistic budget, practicing a realistic frugal lifestyle and having a brief knowledge about the available debt payoff options and how to be current on other loans.
Do I stop paying all of my
Do I stop paying all of my unsecured debt?
Wait.
.Amex i heard never settles,
Haven't heard anything like that.
Will doing a hardship with Amex hurt my credit and also blacklist me from amex?
Read this thread:
https://forums.debtcc.com/credit-repair/hardship-program.html
Hi, I'm a debt Advisor with a
Hi, I'm a debt Advisor with a settlement company in NYC, full disclosure, but I will say this: if you enroll in a settlement program for your unsecured debts, in no way do you have to enroll all your cards. If you want to keep a couple, you can. Will your credit take a hit? Yes, absolutely. But, if you keep a couple of cards open and stay diligent on them, that will help ease the blow to your score. Also, it's been my experience that getting blacklisted is not an actual thing. Most of my clients are able to secure a line of credit with the same creditors within a year after debts have been settled.