What happens to my credit score when I enroll in a debt management program with American Debt Enders?

Asked 6 months ago
Enrolling in a debt management program with American Debt Enders may initially have a minor impact on your credit score. However, over time, it can help improve your creditworthiness. Upon enrollment, your credit accounts may be closed or restricted, which could lead to a slight decrease in your credit score. However, as you consistently make on-time payments through the program, your credit score will gradually improve. By paying off your debts in a structured manner, reducing your debt-to-income ratio, and avoiding late payments, you can rebuild your creditworthiness and potentially achieve a better credit score. American Debt Enders' goal is to help you regain financial stability while working towards improving your creditworthiness in the long term.
Jeff Whelpley is the editor / author responsible for this content.
Answered Nov 2, 2023

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