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Do It Yourself Debt Settlement Advice
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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