Many people worry about their credit score while in a debt settlement program. While settlement may temporarily lower your score, it's important to focus on the bigger picture: becoming debt-free.

Why Credit Score Concerns Can Wait

  • Being debt-free is more important than having a high score with unpaid debts.
  • Your credit will naturally recover after settlements are complete.
  • Paying off debt is the first step to building financial health.

How to Rebuild Your Credit After Settlement

  • Pay Bills on Time: Your payment history makes up a large part of your score.

  • Use a Secured Credit Card: This can help rebuild your credit responsibly.
  • Keep Credit Utilization Low: Use less than 30% of your available credit.
  • Check Your Credit Report Regularly: Ensure settled accounts are marked as resolved and dispute any errors.
  • Be Patient: Credit recovery takes time, but being debt-free gives you a strong foundation.

Kim Wasielewski

Kim W. is a debt relief professional helping consumers navigate financial challenges. She is passionate about making money matters easier to understand and believes everyone deserves a fresh financial start.