Archive for May 5, 2010

Debt Solutions – which are best for getting out of debt while maintaining your credit?

 

Some debt solutions are better than others and some affect your credit more than others. So which is best?  Use the following to help you decide. 

 Get your 3 scores for free

DIY

 You will not necessarily get lower interest rates on existing balances unless you do the negotiations yourself.  You can save money by paying more than the minimum monthly payment and lower interest rates if you are successful in your negotiations. 

On time payments will help your credit score and will make getting new credit and/or lower rates on loans easier. Very positive.