Debt Elimination Companies

Has anyone used In Charge debt solutions? What will it do to my credit, if I use it?

I have 4 credit cards (that have been cut up for a long time!) that are maxed out, and I'm looking for a way to take care of them before they go to collections (some for the second time). I have looked into In Charge Debt Solutions, but I have no idea what it'll do to my credit if I use it. I'm worried, but I want to get these cards taken care of!

Public Comments

1. I haven't used them specifically but another company that does similar service. Basically if your accounts are going to or are in collections your credit is already been damaged. Anything you do to try to fix it will help, but doing nothing just makes it worse. What will happen is that they will work with the companies a set amount each month that you will pay. This is generally based on what you can afford to pay, they will ask you a bunch of questions such as Salary, and other expenses you have. After a month or two what this does is it actually will help your credit as your bills will now go into a current status and it shows you are trying to work it out.