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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




Do it yourself. For the accounts that are not that behind, ask for a hardship plan.

Sub: #1 posted on Tue, 08/07/2012 - 09:19

OhioGal1 OhioGal1
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DO i just send them a letter and ask for a hardship plan or what

Sub: #2 posted on Tue, 08/07/2012 - 09:20

flajrnylvr flajrnylvr

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These were credit card accounts? Call them.

Sub: #3 posted on Tue, 08/07/2012 - 09:36

OhioGal1 OhioGal1
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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.

Sub: #4 posted on Mon, 10/01/2012 - 22:09

daniel.radcliffe0110 daniel.radcliffe0110

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