Thu, 07/31/2008 04:46
This forum is great. I am so glad I found it. You all are a wealth of information.
I am current on my bills (well, not 30 days late but a few days--which still counts as late but hopefully not as damaging as 30 days). Anyhow, the time has come where I can't make all the payments. I have decided to do one of two things:
1. Do a dmp with Freedom Debt Mgmt for two cards in my name only (although I would be starting with Amex already 30 days late)
2. Settle on my Amex (again, in my name only) and leave my other personal card alone if permitted
I am trying to not affect my husband's credit score therefore I am choosing to not pay or pay VERY late on my personal Amex instead of our joint accounts or his personal ones.
Anyhow, how do we know if a company is reputable? Like I just posted about State Farms Financial, it looked good on the site but there is a possibility they just copied the proper logos so we would be fooled.
It's bad enough that I am considering settling. But I don't want to get completely screwed either.
Advice is very welcomed.