How Does Credit Card Debt Reduction Work?

Answer You have many options when considering credit card debt reduction. The basic premise behind reducing your credit card debt is to lower the amount you have to pay either by lowering your interest pa... Read More »

Top Q&A For: How Does Credit Card Debt Reduction Work

How do I negotiate a reduction in credit card debt?

Review Your FinancesDetermine how much you can afford to pay either in a lump sum or in monthly payments to the account. Consider borrowing additional funds or delaying payments of other bills to i... Read More »

How to Negotiate on Your Own With Credit Card Companies for Debt Reduction?

Consumers use credit cards for a variety of reasons. The reasons can include small purchases, such as a cup of coffee or newspaper or much bigger buys, like an airline ticket or hotel reservation. ... Read More »

How to Work Out Credit Card Debt When Unemployed?

Unemployment is a frightening time, especially if you do not have an emergency fund. With money tight and no income coming in to keep everyone fed and the lights on, prioritizing what must be paid ... Read More »

Will a debt reduction program ruin your credit score?

Debt-reduction programs often entail aggressive strategies for debt settlement at a very low percentage of the amounts owed. While this can help you get out of debt quickly, creditors may leave a n... Read More »