Debt negotiation letters are to be written during the final stages of a debt negotiation. They are superior to haggling over the phone because they provide a document of any communication or proposed transaction between you and bill collectors. Writing a negotiation letter should be done with the assistance of a non-profit debt relief service.  … Read more

You may already have some clue or are just beginning to understand the painful reality of wage garnishment: it is embarrassing, costly and can put you on the financial ropes for a long time. Wage garnishment is a last resort for creditors looking to collect on substantial, unresolved revolving debt. In many cases, credit card  … Read more

When you have nothing to lose, debt settlement can take on the colors of a poker table. It would be unwise to suggest you behave carelessly or recklessly with banks and lenders, but you have rights and options that, if exploited properly, can get you out of unsettled debts. Debt validation If your debt is  … Read more

If you are already in over your head in credit card debt, you probably don’t have many nice things to say to your creditors. However, if you are just beginning to consider credit card negotiations as an option, the bargaining table may not be as bleak as you think. Many people, over time, find themselves  … Read more

Your credit rating is, in many ways, what makes you a citizen in the eyes of the creditors. Without good credit, you will find it nearly impossible to reestablish your life. If you are considering credit card negotiation because you can’t pay your bills, talk to your creditor about protecting your credit rating. It is  … Read more

An all too familiar scenario for many Americans is having credit card debt that becomes increasingly unwieldy. Negotiation for lower rates with credit card companies is possible, but which route should one take? On the one hand, the borrower can play good cop. Good cop, Bad Cop If you elect to sweet talk your creditor  … Read more

Don’t expect miracles from the credit card industry this year. For those borrowers looking to enter into credit card negotiations, creditors are racked with misgiving about consumer spending and revolving debt behavior. Furthermore, a confluence of factors in the financial world– new federal regulations, checked consumer spending and an inconsistent but improved economy–have credit card  … Read more

Many people have struggled with overwhelming debt since the crashing of the economy.  More people than not seem to be struggling with credit card debt in particular, mostly because it’s very easy to fall into debt with credit cards and getting out is never as simple as getting in.  Traditionally, one of the first things  … Read more

So  many of us have loads of credit card debt. When the bills pile up, many of us are left feeling trapped and hopeless. But don’t worry, there is something you can do to take back control. Have you ever heard of a credit card negotiation? Ever wonder if this is a myth? Actually, many  … Read more

I am drowning in credit card debt. How does a credit card negotiation work? Is a debt settlement company my only option? Professional debt settlement is an option, but it is not your only option. Most consumers don’t know that they could attempt to do debt settlement with their creditors as individuals. There are advantages  … Read more