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Debt Relief - Worth It?

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bluefoxing
New Contributor

Debt Relief - Worth It?

Thoughts on this? They won't consolidate any bills under $450, which is fine for me. It helps eliminate all my older collection debt without paying an arm and a leg for a low monthly payment.

 

I've read debt relief companies can do harm to your credit tho - can anyone explain?

Starting Score: EX 578 | EQ 542 | TU 577 as of 3/7/2014
US Bank $300, First Progress $1000, First Progress #1 $300, Capital One $300, Credit One $400
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gdale6
Moderator Emeritus

Re: Debt Relief - Worth It?

They basically dispute over and over until the CRAs refuse to accept any further disputes on the accounts. You can do for yourself everything that needs to be done,

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