debt consolidation to collections!
Date: Tue, 08/03/2010 - 22:17
Hello there. I have been going through a debt consolidation company for 3 1/2 years now and have paid over 35k in debt but tired of being broke all the time and have had enough. Would it be wise to cancel my debt consolidation and just let these debts of 12k go to collections and then settle with them later on?
have u heard of the new company belford debt solutions brought 2
have u heard of the new company belford debt solutions brought 2 u by the same ppl behind belford high school
lestrada, if you settle your debts your credit score will be hur
lestrada, if you settle your debts your credit score will be hurt, as you will have to miss payments before settling. If you want you can cancel the debt consolidation program, and try paying off the debts on your own. You can try negotiating a payment plan with the creditors or collection agencies. However, if you can't afford to make the payments, you can try settling the debts.
