The total balance across my 6 credit cards is $13,500 and I am paying $308 monthly in minimum payments. A debt law firm has offered to put me on a 2 and a half years program that will get me out of my debt. While I stop making payments to my creditors, I will pay $264 x 30 months coming to $7937 over the program duration.
Is this a safe program to embark on? What will be the effect on my credit score if it is advisable to go on the program ?
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.A Debt Law Firm Says They Can Get Me Out of Debt in Two Years. Is That Safe? - Stephen by Steve Rhode