Sub:
#1Credit Card Payments
Replied on
09-26-2009, 03:54 AM
...What if your credit card company refuses your request to lower your monthly payments? Then what,consider moving your businessor just accept and continue as usual?
Sub:
#2Credit card payments
Replied on
09-27-2009, 09:27 PM
If you can balance transfer to another card I would. You can even tell your present creditor your going to transfer and close your account and they may offer you a better rate to keep your business.
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.