I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop

I know it CAN be done because i work with a company and when customers want their money back no matter what, we have to refund everything. I never been late on my payments, but i only can make the minimun payment so i will never finish because of the interest, so when i call the credit card company what do i say so they help me, how far can they go to help me?? and i%26#039;m doing this because i was unemployed and i have other debts. If you work with a credit card company, please share your secrets!!

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

Elias,

Before your credit goes to crap, check your junk mail for the 0% interest on balance transfers cards. Transfer your entire balance to one of those, then cut both of them up.

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

You can always look into a 0% balance transfer offer. I don%26#039;t know about working with the company you already have an account with. Good luck though!

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

You can write to the main address on your statement and explain your situation. If you try and do not get anywhere with them, then look into a credit counseling service provided by a church or non-profit agency and they might be able to help you. Good Luck.

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

Call up every credit card company and ask for lower credit card interest rates. I%26#039;ve seen mine go down by 3%. That you way you%26#039;ll pay less interest. You could even negotiate lower monthly payments. Hope that helped..

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

When you obtained the card, you signed a contract agreeing to repay all purchases and advances. This is not the same as bringing merchandise back to the store and requesting a refund. You are legally obligated to honor your contract with the issuing bank. Do the honorable thing and make your payments.

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

Call them. It can%26#039;t hurt, and like someone else said here, they may just lower the interest rate. They want your business, not an unpaid debt.

You are not the only one that this has happened to, they will understand even if they may seem unsympathetic. To them it is just business.

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

Regarding your interest, by using the card, you agreed to pay for the monies that you borrowed. You can try the credit card company, in some cases (very few) they will lower the interest rates, but they will NOT remove them or refund them.

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

I am going through a process of negotiating with all my creditors about lowering the payments to what I can afford. Go to www.nationaldebtline.co.uk and look on there cos they are superb. I have rung them several times and they calm me down loads. They have template letters that you can send to your credit card compnay etc asking them to reduce monthly payments. Its all on the website so have a look. I%26#039;ve just had one credit card company accept my offer of 鎷? a month and a stop on all interest and charges for a 6 month period, with a review after that. Well worth a try.

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

Most credit card companies are not going to give you a 0 interest rate if you have such a high balance, if your credit is excelent then maybe, since you are unemployed that is even worse, they can check that. But what you need to do is go to www.clarioncredit.com and consolidate that debt. The credit card companies don%26#039;t want to help you, they are a money making business so they won%26#039;t just give you options to pay them back, if you look at the fine print of that long paper they give you, that is what you signed up for. There aren%26#039;t any secrets, you spend it you pay for it. and that is being real.

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

can you borrow or sale anything? this is difficult. that a credit counseling agency Good luck and God bless you

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

If you go to credit couselling company they know all the ins and outs of lowering the interest once the company deals with the cousellor they will at least know that you want to pay them back. That is all the company really wants to know. They need to know that you have every intention of paying the loan you are just interested in getting a little bit of help and see what they say to that. Take care Heather

I have a 2000 debt with credit card company, how can i get them to lower that debt or at least stop interest??

Hello,

This is my profession. There are a limited number of ways to handle this situation.

I want to outline your options in an orderly fashion so please be patient, your answers are in here.

You are able to make the minimum payments therefore you have the following options:

1) Call the creditor and ask for a lower interest rate. They may also offer a lower monthly payment but don%26#039;t take it, it%26#039;s a trap to keep you paying longer. Escalate to a supervisor to discuss what is possible as they have more authority to make a deal.

2) Get off the minimum payment treadmill. If you can pay $1000 this month, the $998 they ask for next month will not help you. Pay the minimums this month and spend the exact same amount next month. This changes the formula will take years off the repayment cycle. Use this calculator: http://www.woodlandfinancialwellness.com...

to figure out how much time is saved.

3) Teaser rates available with balance transfers can help but you need a payoff plan for this to be more than another trap. I call this credit card monopoly.

4) If you have sufficient credit, you may qualify for a signature loan. Check with your local bank. The payment is fixed and the interest is lower. You will pay loan processing fees.

5) Consumer Credit Counseling will renegotiate the terms to have you paid in full in 5 years or less. You pay 100% of what you owe plus interest. The credit impact is that you will not be able to get new credit during debt repayment. This may be fine and your credit will only suffer from the fact that the account is closed instead of open. This may have little overall impact depending on the other credit you have.

6) Are debt settlement = approx. 55% - 65% of what you owe as a payoff - doesn%26#039;t appear to be a good solution. Your debt amount is too low for this to be a good alternative. If you have more than $10,000 in debt. Call me for a free consultation. 800-859-1928 and ask for Cherry. I%26#039;ll let you know if you qualify and help you determine if this is a good solution for you.

7) Bankruptcy: Ch 7 %26amp; 13 - also not a good option, you don%26#039;t owe enough for this to be practical. I can also provide guidance if you have a larger debt amount for this to be considered.

Good luck - choose what make the most sense for your life.