Before you agree on an agreement for settling your debt settlement, you should determine what affect this will have on your credit score. Some settlement agreements can actually be bad for your credit score, so be wary and do your homework. They are just out to get their money and do not care how that effects your credit score.
Dispute every error you identify on your credit report. Gather your support documents, make a list of the errors, and compose a letter to pertinent agencies. Mail your dispute packet with receipt confirmation so you will have proof the agency has received it.
You can work with the credit card companies to start repairing your credit. When you work with company you are not working against anyone, including yourself. This will help prevent furthering yourself into debt. Contact your credit card company and request to change your scheduled due date or interest rate. Talk to creditors directly to figure out a different way to pay your bill if you cannot afford your monthly payments. If you make the first move and hash out a payment plan sometimes they won’t even report it to credit agencies. Additionally, this will relive some of your financial stress and allow you to concentrate on paying off the creditors who will not let you alter payments.