I got an offer to pay my debt on a credit card. They said they will take off 40% of the debt, and consider it Paid In Full. Is it better to go ahead and pay the lesser amount, and have a Paid In Full noted on my credit report? Or should I arrange to make payments on the full amount? I want to do which ever will improve my credit score the most. I don't know if it'd be best to pay in ...
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Have you heard of a company named Rise Above Debt Relief. I am thinking about them for debt relief.
I want a debt consolidation loan to pay off my credit cards. I do not want a debt settlement which will ruin my credit. Please tell me the difference.
If I default on my loan, besides affecting my credit and repossessing the car, what can the lender legally do? I know that if they sell the car, they will get enough to pay it off, can they take other measures to get the rest from me?
I am seriously thinking about doing a debt-consolidation because my credit card payments are a hassle to keep track of (who gets what when kinda situation). I have heard though that taking out a debt consolidation loan will hurt the refinance I intend to do in about 6 months. Is that true? Please explain your answer in detail as to why or why not it is a good idea. Thank you.