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I think I owe about $15,000 in several credit cards, not one. If I take help from a settlement company, can anyone give an idea regarding the average settlement percentge of debt? My $15,000 dollars can be reduced to what amount? I know it depends on the credit card company, but, any idea can help me make the decision, because also I have to pay professional fees for settlement.

Visit a credit counselor. He/she may speak to your creditors and let you know how much you’ve to pay if you settle your debts. Moreover, a credit counselor will give you his/her experienced advice.

Sub: #1 posted on Tue, 09/27/2016 - 03:51

Phil Bradford Phil Bradford

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It will depend on your negotiation skills how much you can convince your credit card company. There's no rule as such.

Sub: #2 posted on Thu, 09/29/2016 - 04:20

Good Nelly Good Nelly
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