How to Negotiate the Payoff of a Delinquent Credit Card?

Answer A credit card holder may benefit from having a delinquent balance on his account for a significant length of time, such as 90 days or more, during the settlement negotiation process. When faced wit... Read More »

Top Q&A For: How to Negotiate the Payoff of a Delinquent Cre...

How to Negotiate a One-Time Credit Card Payoff?

You may be able to negotiate a one-time payoff of your credit card account, if the card company or debt collector agrees. On its website, the Federal Trade Commission (FTC) refers to the practice a... Read More »

How to Negotiate Lower Payment for Credit Card Payoff?

Your credit card company won't talk to you about lowering your debt through a settlement until you have fallen several months behind. Finance charges and late fees will continue to mount as your ac... Read More »

How to Negotiate a Cash Payoff of Credit Card Debt?

Even when the interest rates on savings accounts and other investments drop, the rates on credit cards can remain stubbornly high. With rates so high, it can be difficult to pay off even a small b... Read More »

Do I have to be delinquent on my credit card payments before I can do credit counseling?

According to CredAbility (formerly Consumer Credit Counseling Service), there is credit counseling available to those who seek pre-delinquency financial and budgeting advice. There is counseling, t... Read More »