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where to start trying to get out of debt

Date: Wed, 01/20/2010 - 06:46

Submitted by ras
on Wed, 01/20/2010 - 06:46

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Total Replies: 3


I have five credit cards and struggling to make the payments. Should I quit making a payment to one card and try to settle with them


Well, most lenders won't discuss settlement till you're current on your account. So, you likely have to default on it before trying to settle. However, if you want to avoid a ding in your report,try negotiating lower interest rates with your lenders.

Anyway, you can check out the following link if you want to do it yourself.

http://www.debtconsolidationcare.com/diy/


lrhall41

Submitted by SC on Thu, 01/21/2010 - 02:32

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