Settling credit card debt with Bank of America
Q: I had credit scores around 740, that before I was 30 days late twice in 4 months on three credit cards with different issuers. I am currently settling credit card debt with Bank of America. I had to take a much lower paying position, hence must settle. The deal is quite good, settling $12,000 in credit card debt for $3,800. Wells Fargo and Capital One will be next. My main concern is...
