Credit Card Debt and average interest rate
I would first do a search of debt reduction Service on this site
I would first do a search of debt reduction Service on this site. See if there has been any discussion about it and you can get further information about the company.
If you are wanting to work on eliminating your cc debt, you should not be thinking about getting into more debt. That kind of defeats your purpose doesn't it?
I am not positive, but I believe I have heard that when you go into a debt reduction or debt consolidation program it can have an effect on your credit. For how long I do not know. Search the site here and you might find out some more info.
I believe that a debt management plan is noted on your credit re
I believe that a debt management plan is noted on your credit report while you are in the program, but doesn't affect your actual score. I would think that it might make lenders wary of giving you new credit during that time. Once you are done with the program, the note comes off of your credit report and no longer has any effect.