Do It Yourself Debt Settlement Advice

Comments

debtcaretaker - If you find yourself better enough to negotiate with your creditors or collection party, then you can end up saving yourself by settling debt on your own. You should only choose for debt settlement services when you are finding hard to pay off your minimum payments of your debts.

KG101 - I actually did debt settlement myself. I successfully reduced my credit card debt from $212,000 to $30,000 in about six months and had over $100,000 in debt written-off.  While this did affect my credit score it was not horrible.  It fell from the mid-700's to just over 600.  I freed myself from $3600 a month in interest payments and because I closed my settled accounts, have learned to stop living on credit cards entirely.

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Debtcaretaker's Links

• Credit Card Debt Settlement
• Debt Settlement America