lowering debt
Date: Wed, 05/30/2007 - 19:45
i've reach up to 40,000 in credit debt. i'm making my payments on time, but would like to buy a new house in 2-3 years. how do i get rid of most of this debt without it making any damage to my credit score? my problem is i never leave enough money after paying bills to live on and the debt just increases. i'm getting better now that i've realized that i have a problem, but now i need to fix it. any suggestions?
2-3 years is a long time to repair your credit. Talk to a debt c
2-3 years is a long time to repair your credit. Talk to a debt consultant and he will work out a repayment plan with your creditors. Maybe, you can consolidate all your debts under one payment plan and complete it within the required amount of time. Once all the accounts are paid off, consolidation will be removed from your credit copy and your scores will go up. This move will be best in your situation.
