How badly does debt relief (not consolidation) hurt your credit?
Posted by Suze Fulton in Debt Relief | one response
I’ve heard that debt relief is almost as bad as a bankrupcy- is this true?
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June 3rd, 2010 at 1:11 pm
No, it’s not as bad as a bankruptcy, but it will definitely ding your score. After 7 years, you can have debt relief notations removed from your record. Bankruptcy stays for 10 years. Please make sure you are dealing with a reputable company.