Okay. I Graduated College in 2006. I am working for the university and Have a pt job. I Had to buy a car (Living in LA, you must have a vehicle). The car and student loans I Can deal with. It’s the stupid credit cards That Are Causing me to drown. . . I Can Have and made ALL my payments and I am not late, drank After All the bills are Paid, Have I literally $ 106 a week to live on. So, to Make Ends Meet and junk I buy gas on credit. Here Is a little break down of what i owe: 28K credit cards / personal LOC17K student loans9K because loanTOTAL IS approx 56 K. I make about 35K a year, I Have to order live Typically on Credit Cards. I Have Looked Into Two Companies (Nova Debt, and Freedom Debt Solution) One of Them (NOVA) Said I Could pay off my credit cards in 4 & 1 / 2 years by Paying 700 a month. Purpose Would Be all my accounts Basically closed / frozen. Q: Would That mean my “credit” would not be good along? Would it affect my credit score? Freedom Debt Solution Is A Company That HAS Basically you stop your Paying Creditors, then tries to Negotiate with Them to Settle your debt for a fraction of the cost. Again, It Would freeze / close my credit cards and wreck my credit. Keep in mind, my credit score is good! I Have Never Been Always late and I make more than $ 10 min payment. Also I live with family and pay no rent. I’d really like to Be Able to move out and be with my life. With the job market, it’s not looking good for me to find a new job anytime soon, tho I am looking. I need help. I am totally open to questions, comments, concerns.
