Current On Our Bills But Want to Get Credit Relief Settlement Help. – Michael

“Dear Steve,

my wife and I have approx. 85K in credit card debt. We are current on all payments, however, are making little to no progress to pay these cards down. We would be interested in a debt settlement that would lower our interest rates on the debt so we could pay them off over a matter of time (say 5 or 6 years) without negatively affecting our credit rating. We live in california and are looking into credit relief settlement companies.

What would you suggest to resolve the above situation? Any thoughts on a good debt relief company?

Thank you so much


Dear Michael,

I understand what you are asking for but you are asking for two things which are diametrically opposed. You can’t get balance reduction with no credit impact.

I would suggest your use the free How to Get Out of Debt Calculator to review your options.

Once you do that, come back and let me know what seems to make sense for you and let’s discuss.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
Damon Day - Pro Debt Coach

Steve Rhode
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