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What are the effects of debt relief programs?
Asked by unknown
1 Answers
Deb relief programs help you in a murky situation; however, you will have two principal debt-relief options- debt settlement and bankruptcy, and these will drastically affect your credit score.
Is it sensible to consolidate one’s debt?
Asked by unknown
1 Answers
Debt consolidation is a wise choice if the individual is drowning in debt, and cannot negotiate any lower interest rates with their credit card companies.
How long does debt consolidation stay on one’s credit score?
Asked by unknown
1 Answers
Debt consolidation stays on the credit report for the time than individual accounts are reported, i.e. seven years from the date that the account was settled.