Understanding the Relationship Between Debt Settlement and Blacklists: Impact on Credit Information After Debt Repayment
Posted inJapanese Laws

Understanding the Relationship Between Debt Settlement and Blacklists: Impact on Credit Information After Debt Repayment

Question from a reader:
I have a question about debt consolidation. I heard that if you undergo debt consolidation, you will generally be on the blacklist for about five years after paying off your debts. I have loans from two companies, Company A and Company B, and I only consolidated the debt from Company A. After that, I paid off Company

Comprehensive Guide to the Pros and Cons of Debt Settlement: Real Experiences and Solutions for Overcoming Debt Issues
Posted inJapanese Laws

Comprehensive Guide to the Pros and Cons of Debt Settlement: Real Experiences and Solutions for Overcoming Debt Issues

Question from a reader:
Is there anyone who can explain debt consolidation? I would like to know in detail the advantages and disadvantages from those who have actually experienced it. I have seen some information about the disadvantages online, but my understanding is still insufficient, so I would appreciate it if you could explain it in detail.

About Debt Consolidation [Background Information]