What is the best way to negotiate with credit card companies? Does anyone know how they deal with different situations? If I can’t pay is it better to wait and be 90 days late before I start trying to talk down the debt? Will they really cut your debt if you work out a payment plan? Any info is appreciated. Thanks
I have a credit card w/ capital one. I missed to payments. I told them I was going through a financial hardship. They gave me two months w/free APR no interest. That was better than nothing. I ended up taking advantage and payed off my entire balance.
I say the best way to solve this is to try to come up with the money to start paying off the debt and to not go into debt further. Can you sell some assets or borrow money from family or friends? Focus on the positive, not the negative. Thanks.