Need Help With Credit Card Debt Badly?

Help with Credit Card Debt - Assistance you needHow badly do you need help with credit card debt?

If you have a total credit card debt of over ten thousand dollars, you badly need credit debt help wipe out your indebtedness the soonest possible time.

With a total credit of over ten thousand dollars can qualify you for a debt settlement provided by several companies.

These companies are more than willing to help you get away from your disastrous financial situation.

However, you must first take some precautions before you land in one of these companies.

Understand firs the definition of a debt settlement and how it can help you.

“Call 877-459-3829  ” to get a Free
Debt Consultation from CuraDebt.” 
Get a free, no obligation, confidential debt phone consultation.
Do You

  1. Have more than $10,000 of credit cards, personal loans or other unsecured debts.
  2. Be able to afford a minimum payment of $300 per month.
  3. Have your statements available when calling.
“Call 877-459-3829  ” to get a Free
Debt Consultation from CuraDebt.” 

Defining Debt Settlement

Debt settlement in general means that the consumer pays a monthly amortization to the debt settlement company.

A portion of the monthly amortization goes to the debt settlement company as their fee for providing services.

The rest of the amount is kept in a special account for the purpose of settlement.

The creditors will only get hold of the payments if they agree to settle the loan.

While waiting for the decision of the creditor to settle the loan, the consumer or credit card owner is advised not to pay the creditor in order to encourage settling of debt.

Choosing Debt Settlement Company

Help with Credit Card Debt - Assistance you needWith the ongoing economic situation, most households are dependent of their credit cards to augment family budget.

However, the result of this practice led most card owners to heavy indebtedness.

One solution for this situation is debt settlement, which should not be confused with debt consolidation.

Before you make your choice, for a help with credit card debt settlement company, consider some factors that can help you choose the right one:

  • Accredited CompanyYour debt settlement company should be accredited with The Association of Settlement Companies or the United States Organization for Bankruptcy Alternative for reliability and competence.
  • Affordable FeeMake sure that you get the most affordable price for the services and monthly payments.
  • Availability of NegotiatorsThe company should have available negotiators that are certified by IAPDA.
  • GuaranteeA good company for you is one that can offer guarantee for the services they will provide.This means that if they failed to settle your account, you don’t have to pay them any fee and all advance payments should be returned to you.

Negotiating for a Help with Credit Card Debt Settlement

Help with Credit Card Debt - Assistance you needAfter you are able to select, the debt settlement company that will work on the settlement of your account, everything is left for them to act on your account.

However, it is also best that you understand the rationale behind the negotiation.

Credit card companies are more interested in collecting from you.

If they determine that you will have difficulty paying them and might file for bankruptcy, they will be more than willing to settle for a lesser payment than not to collect from you at all.

If they can work out an agreement that they can still collect the total amount of your debt, it will still take time before they are able to do so.

Therefore, there is more possibility of them agreeing for a debt settlement.

Return to credit cards from Help with Credit Card Debt