What Will Debt Settlement Do To My Current Credit Score?
15 Jul 2009
Debt settlement varies from each persons credit situation. Credit card debt settlement is designed to get you out of debt. It is not designed to fix your credit. If you currently have a high credit score, debt settlement will have a negative effect on your credit. Often times clients of our credit card debt settlement program will have already been behind on their credit card debts. Their credit score will have already taken a big hit. Not paying your creditors will lower your credit score.