Will this prevent me from borrowing money in the future?
Modified on: Thu, 13 Apr, 2017 at 4:48 PM
Lets be real, being thousands of dollars in debt and being pursued by debt collectors will put most lenders off. The reality is, for people with insurmountable debt one of the fastest ways to pay off their debt and build savings can be a debt agreement or one of our other insolvency options. The paying of your debt will remove any barriers on your Credit File to obtaining more debt in the future.
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