To qualify for a Better Choice Debt Settlement program you just need to have debt you want to get rid of. There is no credit score requirement, no income requirement, and no home ownership needed. You simply need to decide you want to make a better choice with your life.

Better Choice Debt Settlement is for people who are burdened with too much credit card debt, and either are late on the payments, or are facing a situation where they may be forced to start paying late in the future. Some reasons for this are reduced or loss of income, divorce or loss of loved one, increase in expenses or medical issues, and mistakes in financial management. Instead of just not paying your creditors, or declaring bankruptcy, negotiating the debt down is a great option for many people. If you may fit this category, call a settlement expert at 877-342-4630 or click HERE to schedule a free consultation.

Your credit score will go down upon entering this program. How much will depend on your credit going in. If you are already delinquent on your accounts, a debt settlement program may not have much effect since the accounts are already reporting derogatory on your credit report. If you have delinquent unpaid accounts, debt settlement may be an excellent option to resolve the unpaid balances. If your accounts are still in good standing, debt settlement will initially lower your credit score. Your creditors will continue to report your accounts as "past due", "charged off", or "in collections" until the debt is settled. Settled accounts with a zero balance are positive compared to unresolved delinquent debts or bankruptcy.

As soon as the debts begin to be settled and paid your credit score should begin to improve since the negative items have been resolved. No one thing is used to determine your credit score. Factors other than late payments and amount of debt, account balances compared to limits, length of credit history, and types of accounts. As each of your debts are paid the number of maxed out accounts, and derogatory accounts will decrease. The longer you go without maxing out other accounts or paying late, the more your scores could increase. But the first priority is making your life manageable. Once your debt payments are where you can afford them getting better credit becomes much easier.

It’s all about making better choices in your finances. To let us help call now at 877-342-4630, or click HERE to schedule a free consultation.

Unfortunately, for some people bankruptcy is the only option to relieve themselves of debt. However, this should the last option you look at for many reasons. With today’s new bankruptcy laws it is a costly and timely undertaking. Before your bankruptcy is approved filer must undergo credit counseling by a government approved counseling agency – who will then attempt to sell you on their service. Also you must submit your financial statements and proof of residency to the bankruptcy court so a judge can determine if you qualify. All of this takes time - and money to hire a bankruptcy attorney, who will charge you up front. Then if you do have your bankruptcy approved it can take up to 7-10 years for your credit to fully recover. All in all, this option is for those who truly have no better choices.

Call 877-372-4630 now to discuss a better choice with a settlement expert or click HERE to schedule an appointment for a free consultation.