I am just barely above water, and the tide is coming in!
132,000 in mortgages (first & second).
53,300 in credit cards.
Can you recommend a reputable debt management service? My goal is to pay down debt as quickly as possible w/out to much damage to credit.
Also, I need to keep one card available for business- can this happen with DMP?
For debt management information, click on the link. I can’t recommend any particular company. When you connect with one if you want me to consider what they are offering you just come back and post an update in the comments section below.
Any debt management program will secondarily hurt your credit when the accounts included are closed. If the card you are using for business is with the same bank as one of the cards you are including, it would be closed by the bank.
There is no law or regulation that says you have to include all your cards in a debt management plan.