I took a balance transfer card from Amex about 2 years back. I transferred debts from my other credit card. However, I couldn't repay the entire balance within the low rate period. Interest accumulated on remaining amount. Also, I bought few items using that card. Can I opt for consolidation or settlement? Will any debt relief company help?
I have read your scenario thoroughly and I think debt settlement is the best solution for you. You have said your balance payment is still due and it has accrued a high-interest rate now. You have bought a few items too on that credit card.
So, in my opinion, debt settlement will help you to reduce your outstanding balance and make it a much lower amount than before.
You may call 800-DEBT-913 or search www.debtconsolidationcare.com to get further assistance.
I hope I have given you a satisfactory answer. Feel free to post your other queries here.
Thanks!
Sub: #1 posted on Tue, 03/03/2020 - 23:28
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Sub: #2 posted on Wed, 03/04/2020 - 21:51
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Therefore, it is required to read the T&C carefully.
In your present position, talk to a consolidation and/or settlement company and repay your debts asap. Then, start managing your finances efficiently.
Sub: #3 posted on Thu, 03/05/2020 - 23:58
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