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what is a great debt negotiation program that can help me with my credit card debt??

Question : what is a great debt negotiation program that can help me with my credit card debt??
I’m currently in a debt consolidation program but it’s not helping me at all with my debt. They charge me $ 40 a month just for their services and my debts are still the same as when I first started the program 6 months ago. Help me please!!
credit card debt negotiation

Best answer:

Answer by Night Wind
Have you looked into Consumer Credit Counseling services? I’ll paste the address here for you. You can read the FAQ page to answer questions you may have about them.

This entry was posted by admin on September 8, 2010 at 8:22 pm, and is filed under Banking. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.

Comments (4)
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#1 written by Daves 1 year ago

You should use “Credit Solutions” to settle your debt.They managed to reduce my debt up to 58% and improve my credit score.Legitimate as I came accross this company on NBC News Special Edition:
http://www.tkqlhce.com/click-1813149-10467845

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#2 written by abel jarrod 1 year ago

If you want to get rid of the huge piles of credit card debts and dues, the first step is to look for the right debt consolidation program for credit card debt. It is always a great idea to ask for debt consolidation quotes from various companies offering debt help and choose the one you think is the best for you. When you choose to avail a free debt consolidation help, you also get the valuable services of professionals who are experts in offering credit card debt consolidation with a good program for becoming debt free and overall financial management.

The Credit card debt consolidation program also enables you to repay credit card debt in small, convenient and affordable monthly payments. You can even have an extended duration of up to six years to ease your financial burden. You can opt for debt management help in numerous fashions. It is not necessary to opt for an expensive process. Rather you can select a debt help plan that costs a little or even free. Bad credit debt consolidation is also becoming increasingly accepted today as a natural response to the high level of debt.

If you have developed a spendthrift nature by using your credit cards, in the end, you might get caught up with mounting debts and outstanding credit bills that could cause multiple problems including affecting your credit rating. This is where a Credit card debt consolidation program comes to your rescue. These debt elimination programs are good ways to eliminate credit card blues. Read more about it at: http://www.credit-card-gallery.com/article/191,Credit_Card_Debt_Consolidation_Program_The_Safest_Way_To_Erase_All_Your_Debts

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#3 written by smile4cobra 1 year ago

Debt managers cant do anything for you that you can not do for yourself. They only mess up your credit even more and charge you for it.

You need to do it yourself my friend. Go to http://www.annualcreditreport.com and get a free credit report. You can do that right now. Check out your debts and start with the ones that want to sue you first. Before anything starts. Call them and begin to negotiate. I know people say bill collectors or agents are horrible but that is not always the case. Maybe in some cases but we dont all bite. I promise. (wink)

Look…the best time to negotiate debts is at the end of the month when they are frantic to meet their quotes.

The best way to go about it is to take it one creditor at a time. Make a deal and begin to settle. Start by offering 30% on credit bills and 15% on medical bills. The collector will start working the number up and negotiating. Give them the story that you are broke but dont lie to much as they have means of checking and it might upset them than they wont be open for such negotiations. Once you have a deal than its a deal and be sure to get it in writing before you pay anthing. At the same time try and make them throw in there that they will delete it off your credit report. Most of them will say pay all and I will others may agree. Make sure that is in writing as well. Some collectors may even accept your settlement in a couple of payment if it is too large for you to make. Naturally they will try and up the limit as much as you can but once you reached your max than put your foot down. If they dont take it at that moment…they will call you back when they are catching heat from the boss for not puting enough $ $ into his piggy bank. Trust me.

If you can not afford to make settlements than call them and negotiate a payment plan with them that you are comfortable with and know you will not default on. If they ask you to sign a payment plan agreement. Be sure its not a stipulation of judgment. Whats that?? Its a legal doc that says if you default they can submit it to the court and get a judgment against you without even bothering with litigation.

Make your payments and your home free.

Be sure not to request validation on accounts that you know are valid. If they are and the collector knows they are…it may make them think your taking them for a fool or trying what they call a “stall tactic”. Than it might upset them and make the pull the trigger and have you served right away. You dont need that!!!

But if you see something on your credit report that is not valid. File a dispute with all three major credit reporting bureaus and call the collector and ask for validation.

Good Luck

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#4 written by oifgijane 1 year ago

well, what worked for me was: i cut up all credit card’s, paid the balance, and never overspent again. good luck

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