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Will debt settlement hurt my credit??

Hello. Good question but it really depends on which type of debt solution you are referring to. A credit counseling/debt management program does not hurt your credit like a debt settlement procedure will. Credit counselors work with the credit card companies closely and are viewed positively by your creditors for the most part. Debt settlement companies are more aggressive and most people who go down that path either already have bad credit or they are teetering on the verge of bankruptcy and it provides them with an alternative.

It really depends on your situation. If you have much more debt than you can pay off and want to get out of debt the fastest way possible, then debt settlement is the way to do that, however, the negative trade off is that your credit will be damaged. Explore both options to determine what is best for you.