Thursday, November 12, 2009

Stressed Out With Credit Cards

Just like most folks, I'm experiencing the credit card blues. However, I've found a way to get back at all the credit card issuers who have cut my limits, raised my interest and raised my minimum payments. It's called credit card settlement.

It's easy to do- just go online and type in a search for credit card settlement. You'll get hundreds of listings of businesses that specialize in this sort of business. Pick several that look good for you and your financial situation and visit their website. Find out what they can do for you- usually they will contact your creditors and arrange for lower interest, lower minimum payments and also negotiate to cut the amount owed to them anywhere from 40- 60%.

Pick at least three of these companies and check them out with the Better Business Bureau and find out if there have been any complaints against the company. If everything is satisfactory, put them side by side and pick the best one for you. You have just gotten even with the credit card companies!

No comments:

Post a Comment