View Single Post
 
Old Dec 29, 2012, 05:47 AM
hamster-bamster hamster-bamster is offline
Account Suspended
 
Member Since: Sep 2011
Location: Northern California
Posts: 14,805
Quote:
Originally Posted by well View Post
I used consumer credit counseling service that is a nonprofit. .
Me too, many years ago, and they did help. If I remember correctly, with them YOU contact credit card lendors and YOU close your account and begin repayments at a reduced rate - it is important not to let the LENDOR close the account on you because otherwise it creates a worse report. I am not exactly sure though that this is how it works - it has been many years since I did it.