If I settle with credit card companies to reduce balance owed how bad will it hurt my credit vs filling ch13 bankruptcy?
If you settle your credit will be hurt but not as bad as bankruptcy affects it. With a settlement program, you're asked to stop paying your creditors until you save enough to make a lump sum settlement. Moreover, you may settle your bills only after your accounts are charged off. Due to late payment or charge-offs, your credit score takes a hit. ChaCha on!
Answered
by Richard R.
-
-
Can you pay a wells fargo credit card at a wells fargo loan branch?
Yes, you can pay a Wells Fargo Credit Card at an Wells Fargo ...
-
What are the consequences for stealing a credit card and using it?
Those who are prosecuted for credit card fraud (stealing it) ...
-
Credit card companies can be as slippery as a handful of grea...
-
Why do people use credit cards so much?
People use credit cards either to get a discount or because t...
-
How does Amex differ from other credit card companies?
Amex uses this higher discount revenue to invest in rewards p...
-
How would i apply for a credit card that will start me with money?
You can't just get "free" money. You have to put a deposit on...
-
How is a bank debit card different from a bank credit card?
Every time you use a credit card, you actually are borrowing ...
-
Consumer debt can be defined as ���money, goods or services p...
-
Yes. A credit card is a card that identifies a person as enti...
-
Can you pay a wells fargo credit card at a wells fargo loan branch?
Yes, you can pay a Wells Fargo Credit Card at an Wells Fargo ...
-
First you must apply for one at a credit card website such as...
-
Is 16 % high interest for a credit card?
16% interest is a high interest rate on a credit card. In tod...
-
How many inches does a credit card have?
A standard credit card is 3.5in X 2.2in. That is an area of 7...
-
Can I use a walmart credit card somewhere else besides walmart?
Wal-mart offers a store credit card to be used at the store. ...
-
Does Panera Bread take American Express credit cards?
Panera Bread accepts the following credit cards: American Exp...
-
How should a Cardholder begin to correct a mistake on a credit card bill?
I would start by calling the credit card company and filing a...
-
What is a Visa Credit card code?
The (CVV) Credit Card Code for Visa, MasterCard, and Discover...
-
What is a fake credit card number?
A face credit card number is a 16 digit number that does not ...
-
What the difference between debit and credit on a debit card?
While they look alike, a debit card works more like cash or a...
-
Is an American Express card credit or debit?
American Express is a card credit company. There are green, g...
-
How many numbers are on on a credit card?
Discover, Mastercard, & Visa credit cards all have 16 digits....
-
Can you give me a credit card number?
No, I'm sorry but ChaCha cannot provide you with a credit car...
-
What the difference between debit and credit on a debit card?
While they look alike, a debit card works more like cash or a...
-
How many numbers does at visa credit card have?
VISA Credit Card has 16 digits.Did you know that the AMEX Cen...
-
How do you get a black credit card?
To become a Centurion (AMEX's "black card") cardholder, one m...
-
How should a Cardholder begin to correct a mistake on a credit card bill?
I would start by calling the credit card company and filing a...
-
Is an American Express card credit or debit?
American Express is a card credit company. There are green, g...
-
Do prepaid credit cards have a fee?
It depends on the company which issues the card. Most compani...
-
Where is the security code on a credit card located?
The location of your security code depends on the credit card...
-
What is a Visa Credit card code?
The (CVV) Credit Card Code for Visa, MasterCard, and Discover...
About Credit Card
Credit cards are convenient forms of payment, and can also allow people to spend beyond their means if they don't pay off the balance monthly.
Comments