I have credit card Debt that has gone ba Should I settle with them?

I have about 00 credit card debt on about 4 cards total. The debt has been in collections for 2 to 3 years. I have been working on repairing my credit but these 4 cards have done damage because I wrote them off. Should I contact these credit card companies and settle the debt and If I do will that have any effect on my credit score or will the score remin he same or will my score improve because I have settled the debt.

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3 comments:

  1. Brendan A:

    Well, people in debt often seem to find some help here :

    Also, a good resource is…

    http://debt.knowledged.info/credit_card.html

    All the best to you.

  2. HAN_AUH:

    If you donot pay, you will be declared duckout

  3. kflukinger:

    You need a credit attorney, not a credit repair company. Mine charges $29 a month with no contract.
    They have tactics to get these items removed from your credit reports that you & I can’t do ourselves. Thats all this company does.
    http://www.ecreditattorney-marketing.com/idevaffiliate/idevaffiliate.php?id=5030
    Good Luck & Happy Holidays!

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