overwhelmed by debt, advice needed
Date: Wed, 05/05/2010 - 17:42
If this is the situation, then you can go for these two options.
If this is the situation, then you can go for these two options.
First you can talk to your bank,tell them about your present condition and can cut down interest.
Second..if you are really desperate to get out of the debts then debt settlement will be the best option for you.However to settle your debts you have to be delinquent on your payments.Stop making any further payments and try to settle the debts.If you want you can also choose the debt settlement company's.They come up with the best settlement offer.Whoever company you chose,it should be an legitimate law firm with excellent rating with BBB.But if you select this option let me tell you that you will have a negative impact on your credit score.
So take time a think over it.....