Call Us Today! 1-877-570-1313

Where to Get Bad Credit Debt Help?

Many people with too much debt end up damaging their credit so you are not alone. The good news is that there is help for you. Debt management and debt settlement programs are both potential solutions for you if you need bad credit debt help.

In each case, the fact that you already have bad credit is not a big drawback. In fact, it may make the decision to use professional debt relief easier since that is one major drawback to some debt relief solutions. People that have good credit but find themselves in trouble often do not want to risk poor credit unless they have no other choice.

What’s important in seeking debt help even with bad credit is that you have some income available to pay off your debt over time through a fixed monthly payment the debt relief company will set up for you.

Debt settlement can reduce the amount you owe by as much as 50-65%. With debt settlement, your credit score will get worse but you certainly do not need to start out with good credit to enroll and the damage it does is less severe than filing for bankruptcy. If your credit is very bad already you need to ask yourself, does it really matter if it gets worse in return for getting out of debt in 3 years or less.

Debt management plans will actually not affect your credit as much as debt settlement. However, your debt payments will not be reduced nearly as much as with debt settlement.