Getting a write - off on your debt is likely to have a negative impact on your ability to get credit in the future for up to six years. (nationaldebtline.org)
Carefully restructured debts can often be a cheaper and less stressful option for managing debts than declaring bankruptcy, which can hurt your credit score and significantly reduce your chances of getting any credit in the future. (debtfirms.com)
Transferring your balance too many times will lower your credit score and could make getting credit in the future more difficult. (debtfirms.com)