Credit Repair: Calling My Creditors
(Long Branch, NJ)
I was in collections and had 1 judgement against me. I called each individual creditor I owed money to and settled for about 50 cents to the dollar.
Once I was able to settle, I had to pay each creditor in full or make installment payments monthly to pay off the debt.
I had about $20,000 of debt that I paid off for $10,000 and was able to clear my judgement.
As soon as I cleared my debt I was able to purchase a condominium and get back on track.
I now pay for things as I go, and carry little debt. Life is a lot easier keeping my expenses at a minimum.Mom's Comments:
Jason, that is a courageous thing to call all your creditor's and take control of the situation..... good job.
So glad you learned your lesson.