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Is settling on a credit card balance a bad thing to do? Is it better to deal with the credit effects later? Thank you, Sherri Scott

Is settling on a credit card balance a bad thing to do? Is it better to deal with the credit effects later?

Thank you,

Sherri Scott

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Answers

Sherri, make payments and if possible pay them off. The later effects are bad credit (yours), harrassment from collection agencies and possible garnisheement of wages thru your employers payroll office.

"I've heard you're a low down yankee liar!"

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