How To Negotiate Credit Card Debt Yourself

Here's how each works: Lump-sum settlement. If you have access to a chunk of money, such as from an inheritance, you can try to negotiate a settlement for less than the full amount owed. Workout arrangement. Forbearance program. Debt management program. Debt settlement program. If you've found yourself reading this, the odds are good you want to know how to …

How To Negotiate Credit Card Debt With Discover

First, a debt settlement company may ask you to make a payment each month to a fund in order to have the money necessary to reach a negotiated settlement with your credit card issuers or other creditors. Debt negotiation — negotiating the portion of the debt you owe that you will pay to a lender — can seem simple enough. …