Debt Help Services

Posts Tagged ‘debt management credit counseling boca raton’

Question: I am trying to decide which will affect my credit worse, credit counseling or debt management.?

Debt management saves thousands, The payoff time is 2 years less. The credit counseling actual time is greater than if I tried myself. Should I just try to negotiate with the credit card companies?

Answer: Ask yourself this...does my problem stem from the inability to afford my debt (credit counseling) or does it stem from the inability to both afford and manage my debt (debt management). Once you figure that out, you will know the answer.

Neither will affect your credit tremendously like bankrupcy would do. It largely depends on the services you use and how they report to the credit bureaus.

Try negotiating with the credit card companies first-most often they will lower your rates if asked (if you have a decent repayment history) or if you threaten to take your accounts elsewhere.

Good luck!

Law takes swipe at credit card rules

By the time most people contact the Consumer Credit Counseling Service of Greater Atlanta, they owe an average of $23,000 to various credit card companies.

Credit Counseling & Debt Management : How to Apply for a Credit Card With Bad Credit