How To Repair Credit With Debt Settlement?

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How To Repair Credit With Debt Settlement?

darryl Rep Points: 15

Posted on July 27, 2009 at 2:45 am

Evaluate your financial situation. Get a copy of your credit report and review it carefully. Take special note of any delinquent accounts. Take your existing bills and figure out how much money you can afford to pay your creditors after covering monthly expenses like utilities, daycare, etc. This will give you an idea of how much money you can pay.

Stan Rep Points:

Posted on January 27, 2010 at 2:33 am

Debt settlement can help repair one's credit score once the balance has been paid off (the bolded/underlined components would improve):-35% Payment History- 30% Amount Owed-15% Length of Credit History-10% New Credit-10% Types of Credit Used

jill Rep Points:

Posted on January 27, 2010 at 2:42 am

Another good question to ask is - how to repair credit after debt settlement (?)