What to do
Date: Tue, 08/07/2012 - 08:51
I have had 3 companies/Banks cancel credit cards in the past couple of months due to low credit scare which was due to some fraud activity on my bank account sometime ago. I have been able to get the payments back on schedule but due to low score they closed the accounts.
I am able to make the payments but would like to lower the interest rates on them so I can them cleared up ASAP and work on rebuilding my scores. SHould i try and do this myself or pay a debt management company to do the negotiating . Any assistance would be appreciated
I am able to make the payments but would like to lower the interest rates on them so I can them cleared up ASAP and work on rebuilding my scores. SHould i try and do this myself or pay a debt management company to do the negotiating . Any assistance would be appreciated
Do it yourself. For the accounts that are not that behind, ask
Do it yourself. For the accounts that are not that behind, ask for a hardship plan.
ADvice
DO i just send them a letter and ask for a hardship plan or what
Try doing it yourself if you think you can negotiate well with y
Try doing it yourself if you think you can negotiate well with your creditors. Consulting a debt management company is a wise idea. Good consultants can make successful negotiations, but you have to pay the charges as well.
Submitted by daniel.radcliffe0110 on Mon, 10/01/2012 - 22:09
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