Anyone know of a reliable "debt relief" that will help fix my credit fast?

Question

I'm in debt for about $5,000.I haven't paid my cc bills for over a year. I was unemployed and going to school. I now have my teaching credential, but no permanent job. So, I need something that's not going to double or triple my principle. Any personal experiences would be great.

Answer 1

Hi,

I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It's legitimate. I came across this company on NBC News Special Edition.Check it out here:

http://nanoref.com/linksynerg/oljMwQ

Answer 2

Check out rankfirstprocom/makemoney.html you can make the money you need and then start building up your credit. You have to be realistic and if your credit is bad you wont have a good deal on a loan if you can even get one at all.

Answer 3

bezebee,

No one's going to hand you fistfuls of cash, but there are steps you can take.

There's a good article at eHow on steps to take to begin tackling your debt.  Take a look at it:

http://www.ehow.com/how_2326032_avoid-es...

How to Stop Escalating Debt

You can also look here for tips on earning some extra cash online:

http://www.ehow.com/how_2254361_money-in...

How to make money on the internet, scam-free

Lastly, here's an interesting alternative to conventional lending...getting a "social networking" loan from Virgin Money (from the same folks who run Virgin Airlines):

http://www.ehow.com/how_2310995_student-...

Social Loans from Virgin Money

Hope these help.

Answer 4

All those "debt relief" companies are scams. They can't fix your credit just by you making a phone call. I talked to my friend who works in a bank where they process loans, run credit, etc., and he told me that once you incur debt the only thing you can do is either pay it back slowly or file for bankruptcy. Once you file for bankruptcy it will stay on your credit report for 7 years, don't believe the c**p that any "debt relief" company tells you that they can remove the bankruptcy red flag from your credit report before the 7 years is up. My suggestion to you would be to pay the money you owe back to your credit card companies. You're only in debt $5,000, it is still manageable. I know people who had to file for bankruptcy because they were in debt around $80,000, it didn't make sense to pay a part of their paycheck every month for the next 10 years when they can file for bankruptcy and just not be able to buy a home for the next 7 years.

Answer 5

Try using: http://DebtAnswersNow.com

I used their service a couple months back and they consolidated all my debt and lowered my total debt about 25%.

Answer 6

5K ????? MY FAMILIES IN 500K ...UR FINE !!! ...ALL YOUR BILLS THAT ARE IN COLLECTIONS OR ANYTHING NEGATIVE JUST DISPUTEEEEEEEEE

Answer 7

5,000 is easy to manage.  Just negotiate with the cc companies yourself and workout a re-payment plan.. That's all the "debt relief" agencies do.  Your credit score still plumets during these negotiations.. Try to pay off it off ASAP!! Good Luck!

Answer 8

Debt relief can be any consolidation program that provides freedom from debt or help in the process of elimination. Some of the solutions available are: Credit Counseling, Consolidation Loans, Debt Settlement, Debt Management.

Here is the source of a debt relief company http://ezconsolidation.com for your reference.

Answer 9

Debt relief is a common problem many americans are now facing. All legitamate debt relief service providers will give you advice for free. http://www.debtreliefreview.com Try contacting serveral debt relief services and inquire about your questions and listen to thier answers. You will be able to tell which ones are providing shady advice.