How Will Debt Settlement Affect My Credit Score?

Moreover, doing nothing can hurt you even worse

. Most likely, if you are reading this, you debt to income ratio is too high, or you are struggling with high interest payments. If you are considering debt settlement; rest assured, your credit will not be "ruined" although you may initially notice a drop in your credit score. As the saying goes, "sometimes you have to take one step back to take ten steps forward." As each account is settled your credit score will increase and your total debt will soon disappear.

How Will Debt Settlement Affect My Credit Score?

By: Ansel Fraizer

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