I and the Mrs. Found ourselves in a situation where we needed to leverage our credit to get by, and we ended up buried. As soon as we recognized our situation was dire, we relocated to a place with a much lower cost of living and enrolled in a CCCS program. After nearly 5 years of paying $1,000 per month and living within our means, we made the final payment earlier today. Since we entered the program while we werr current with our debtors, we were able to stay current and reduce the (admittedly large) hit to our credit, and are in a good position to begin rebuilding. We have been able to payoff a car loan and stay current on a mortgage in the meantime, which surely helps. I know the road ahead is still a bit rocky, but I'm feeling great about finally being out from under that cairn of debt. Any advice for someone in our position, in terms of rebuilding our credit?
Submitted August 28, 2019 at 09:04PM by Pwnxor https://ift.tt/2ZiinYq
