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Negotiating settlement with credit card companies

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namratasnv
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Negotiating settlement with credit card companies  Reply with quote  

Hi,

This is for all the debtors who are finding difficulty with huge credit card loans as, then they always go for debt settlement programs like debt consolidation and lot of so, it is good for them now to straight away go to the credit card companies and talk with them as negotiate with them for settlemants.


It will be definitely good for me if I get some responses from what you all feel about this

Thanks! Smile

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Post Fri Nov 06, 2009 11:26 am
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Newstockslive
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Actually the credit card companies will not negotiate, its when the debt goes to collections that you can negotiate it. As for consolidating debt, its a good concept and has wored well for my Aunt who has 7 debts managted as one so she only has to worry about one bill monthly. Now I dont know what the fee's are for this service so I cannot say if its actually worth it or not.

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Post Sun Nov 08, 2009 9:57 pm
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tanmaysnv
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Many people try to avoid dealing with their credit card company when they run into problems and simply ignore the problem in the hope that it will go away. It doesn't of course and the longer you leave things the worse the situation will become.

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Post Mon Jan 25, 2010 7:04 pm
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ubonline
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Debt settlement can be a good option when you are behind in your payments, facing bankruptcy, or when debt consolidation won't work. You can do it yourself, or you can hire a company to help you. It's not right for everyone, but it is a viable option in certain circumstances.

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Post Tue Jan 26, 2010 8:13 pm
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Cherryl Hanson-Simpson
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Yes it is always good to talk with the Company and if there is no good response here then the individual can seek debt consolidation.

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Post Wed Jan 27, 2010 3:38 pm
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justin
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quote:
Originally posted by ubonline
Debt settlement can be a good option when you are behind in your payments, facing bankruptcy, or when debt consolidation won't work. You can do it yourself, or you can hire a company to help you. It's not right for everyone, but it is a viable option in certain circumstances.


Hi,

Yes you are right and according to me debt settlement is a right way to clear out with all your debts but it is very necessary that you should hire a lender for you who will give you the right option.

Thanks

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Post Sat Mar 06, 2010 11:08 am
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mikepierre09
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I just read through the entire article of yours and it was quite good. This is a great article thanks for sharing this informative information.

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Post Tue Aug 24, 2010 1:03 am
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