Re: The worse kind of credit mess....

Posted by Why Chat (209.240.198.61) on September 30, 2002 at 18:17:46:

In Reply to: The worse kind of credit mess.... posted by Paul on September 30, 2002 at 17:50:36:

Save your $$ -credit counseling service will do you more harm then good.

Have you pulled your credit reports?ALL THREE.

Take a good hard look at them,on your Experian report it will show the date they are scheduled to come off. (7 years)

You are beyond the time when any of these debts are legally collectible, (unless you live in R.I.)And unfortunately the way the system works, paying them now,will just make things worse for you.If you pay ANYTHING to any of the collection agencies, in any way,you will just prolong the time the bad stuff will stay on your credit reports.

Spend the time that they will remain on your reports,(another year at most,) researching how to improve your own spending habits and bill paying responsibilities so you can build your credit properly.

Take the $$ you save and donate it to a worthwhile charity.

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