Posted on
November 16, 2009
at
1:07 am
What should I do?What is the wiser alternative for me?To settle debt or pay in full?
Posted on
November 16, 2009
at
1:29 am
To settle debt or pay in full?Paying in full looks better on your credit report. If you don't have the means to do so, then by all means, settle.
Posted on
November 16, 2009
at
1:31 am
What do you mean? What does settlement do to my credit?
Posted on
November 16, 2009
at
1:44 am
Settlement doesn't do drastic damage to your credit per se--that's because whenever you settle, your accounts are already behind on payment to begin with, so your credit already has the marks of damage that being unable to pay for your bills on time causes. What it does instead is allow you to pay for an amount less than the full balance, and if the forgiven amount is $600 or greater, it has to be reported to the IRS as taxable income.I hope that helps you in your decision making process whether to settle debt or pay in full.
Posted on
November 16, 2009
at
1:58 am
you can't pay in full if you don't have money. so what's the use for making a full pmt?
Posted on
November 16, 2009
at
4:58 pm
I am able to help anyone in the United States struggling with their credit card debt. Rapid Debt Settlement will settle your debt for 55% of what you owe and literally cut your payments in half. Email Bill Shannon for a free consultation billshannon@financier.com or call me at my office. The number can be found at www.rapiddebtsettlement.com
