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How Does Debt Settlement Affect My Credit?

How Does Debt Settlement Affect My Credit?

Your credit score is largely comprised of two main factors: your payment history and your debt-to-income ratio. However, many people often mistake good payment history as "good credit.” If all of your monthly take home pay goes back out to paying bills, chances are you currently have a dangerously high debt-to-income ratio and your credit rating may already be affected. If this is the case, your foremost concern should be to immediately reduce your expensive overhead. Any debt management intervention will have an impact on your credit.

The goal of debt settlement is to help you get into a positive cash flow situation in the quickest, least expensive means possible by negotiating reduced settlement amounts with your creditors. This will specifically address your main financial crisis... your Debt! Once your debt is back under control, your "good credit" history will soon follow





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Eric Pinola
(Visit Eric's Website)
Credit Alliance Group is a leading debt management company in Dallas, Texas that provides solutions to any unsecured debt challenges. As the director of enrollment I am encouraged to see how much we can help people each day. Our programs are built around the client’s budget; so that they can become debt free again without unnecessary stress. We offer a Basic, Pro, and Elite edition of our services. The road to becoming debt free can be long and hard so it is important to make the journey with a company that truly cares and has the experience to get the job done right the first time. Check out our website; or give us a quick call for a free no obligation enrollment package with your figures in it. 1-866-359-5677 www.creditalliancegroup.net or debt-credit-repair.com/index.html
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