Past due on debt obligations. Bank of America suggested three debt management companies. What happens to credit availability if I sign with one? Near term and long term?
I’m thinking about engaging Green Path for debt mgmt. One thing that I’ve read on line is that once you engage with these firms and your accounts are closed that you “can never get credit again.” (On person’s testimonial.) How accurate is this?
This reader question was submitted for site members to answer.
This is your chance to be a hero and help out this person by providing your feedback and answer to the question. Post your response in the comments section below.
If you have a credit or debt question you’d like to ask just use the online form.
- Strategic Financial Solutions and Ryan Sasson Stumble and Get Pounded - February 13, 2024
- These Emotions Stop You From Getting Out of Debt - January 11, 2024
- 16 Common Myths About Getting Out of Debt That Everyone Gets Wrong - January 8, 2024