Is it better to pay off total amount of credit card debt, or settle?

I have a large amount of revolving debt. I'm current on my payments, but I have little left over to live on every month. I'm expecting a big tax return. It won't be enough to pay off all of my debt. BUT, if I stop making payments for 2-3 months, save the amount I would [...]

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What is the best way to get rid of debt equivalent to 1-year salary?

Important detail is that I do not own a home, property, etc. This is credit card debt with maxed interest rates What I don't understand is because of my annual income, if a bank etc. lent me money at a good interest rate to purchase a home, my salary would be enough to cover the [...]

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Loan Consolidation?

Hello, I am seriously considering applying for a bill consolidation. I have a credit card with an extremely high interest rate 31% and need to shift the balance to an account with a lower interest rate. My credit rating is so-so…and I have only been approved for other accounts with half (if that) of what [...]

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will settling an auto repossession improve my credit score rating?

I live in California and my car was repossessed about 7 months ago. After talking to the auto loan company they offered to settle for ,000. The original amount owed to them was ,000. In the letter they sent to me with the settlement offer in writing it stated that upon receiving the ,000 they [...]

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Can you help someone improve their credit score by adding him/her to your credit card account?

Would this adversely impact your good credit rating? Read more here

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Does having a car loan improve your credit score?

I recently purchased a vehicle. I have poor credit due to personal problems that arose. Will this purchase increase my credit rating if I due my payments on time? Read more here

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Help needed I have Bad Credit and heaps of debt are there people out there who can help me?

I need help to pay all my depts and I've got bad credit. I've tried to get loans to pay them but no one is willing to help. I don't have any assets which makes it worse. I do have a car on HP and am working but the repo man came to my job [...]

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