Verified Submission
FinancialDebt
#RI-6ab3b0c1·4 months ago·
1
Author avatar
Lookback: 1 year

Sold 2k debt to FMA

Sold debt to FMA, credit score dropped 100 points

What I wish I knew
"Research debt consequences"
If I could tell you one thing
"Beware debt sales, plan carefully"
0
8/10
Clear regret.
The downsides outweighed what was gained.
SettledMixedSevere

Advice for Someone Facing This

Short, upvotable wisdom. The most helpful rises to the top.

No advice yet. Be the first to share wisdom.

Discussion

React, question, or discuss this decision.

Sign into join the discussion
Financial Category
8
Financial decisions logged. Avg regret 4.9/10 across the category.
Same Outcome Band
50%
of Financial decisions land in the severe band the same as this one.