Baines & Ernst debt management – does it work?
You mentioned that you met all of our payments during our redundancy period, means you can organize your finances without any debt management. Be it B&E or any other debt management company, they all will get your payments in default just to get is settled for 50% at later stage. Any account showing as settled is again a bad credit history, that will make you suffer for a longer period besided raking up management fees. Go by your instinct, since you are best manager of your own finances. At the end you will save those managment raking up fees that can be utilized for repayment of your debts. Blemished credit is both stressful and costly, but it’s not the end. As hopeless as the situation might seem, bad credit won’t last forever. There are things you can do right now to begin improve your credit score. 1. Stop using your credit cards: In a bad credit situation, one of the worst things you can do is continue accumulating debt by making credit card purchases. Put your credit cards away
