Just found this site today, and I see I have alot of reading to do now. I currently have 2 outstanding debts left on my credit that aren't paid. A little under 2 years ago, I signed up with Debt Settlement USA, not knowing what else to do at the time. They have settled 3 major debts for me so far, with 2 still to go. The 2 remaining debts are a Beneficial account($7700 currently due, was about $4200 when I stopped paying on DSUSAs advice), and a Citibank account(about $7500 due I believe). Since I've already paid money to DSUSA, am I better of using them to settle the remaining debts? Or leaving them out of the mix, and working with the last 2 debtors myself? The Citi account is at a collection agency at the moment, and the Beneficial is a bit confusing. Seems Beneficial is willing to work with me to an extent, though they seem to also have hired a law firm on the account already.
I talked to Beneficial, and they offered: 20% of amount due up front, then monthly payments. Or, about 70% settlement, spread out up to 90 days(which I really can't safely afford). I don't know if it's possible, but I'd like to be in a position to get a house in the near future. Current highest score was about a 580 in June.
So, any advice on what might be the best way to proceed with these last 2 accounts while I go find more reading material on here?
