I need help reducing my debt which is in credit cards only-approximately 50,000. Some of the credit cards are in my name only, some are in my husbands name and some are in both our names.
If I look to a credit relief organization, will the consolidation and relief impact my husband’s credit rating? Thanking you in advance.
Not knowing anything about the background of your situation I have to give you the generalist of advice.
I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.
Then use the free How to Get Out of Debt Calculator to review your options.
Once you’ve identified a company you want to work with, then follow my step-by-step guide on what you should look for and expect from a good debt relief company.
Please post your responses and follow-up messages to me on this in the comments section below.