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I have nearly $10,000 dollars in credit card debt and an average interest rate of 29%. I'm working two jobs at the moment and paying all I can each month, but with interest being so high my balances aren't receding. I'm going to grad school soon and need to get my debts under control before I go back to zero income. I have spoken with debt reduction Services and they seem legitimate, have a good reputation with the BBB, etc., but they say it will take 45 months to pay off my debts. I'm concerned about being unable to obtain any credit for the four years it takes me to pay off my current debt. Does this affect being approved for loans to buy a car or a mortgage on a house? If so, I'm not sure I'm willing to commit to such a program. Any advice?

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