If you’re already several months behind, then a few more late payments might not make much of a difference to your credit score since it’s likely taken a big hit already. The extent of that impact, however, depends on whether you’re still current on your bills or not. Payment history accounts for 35% of your FICO credit score, so enrolling in a plan with National Debt Relief could negatively impact your credit rating. The longer creditors go without receiving payments, the more open they’ll be to negotiation. One condition of this debt relief plan is to stop making payments to creditors and focus more on making monthly payments to your secured savings account. National Debt Relief also offers referrals for credit counseling, debt consolidation and bankruptcy services if their debt relief plan isn’t the best option for you. If you’re behind on a different kind of loan, such as a mortgage, it’s a good idea to reach out to your lender to see what options might be available for getting caught up. National Debt Relief can help with the following debts: National Debt Relief’s approach helps you focus on controlling your debt in less time, rather than only making minimum payments for several debts all at the same time.
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