Find out whether you can negotiate with your credit card company to lower your debt, but keep in mind the repercussionsit can have.
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When you owe money on yourcredit cards, the best thing to do is make adebt payoff planand work on ridding yourself of that debt ASAP. Sometimes, however, its not possible to pay the full amount you owe. You may be struggling to make your minimum monthly payments because of a financial hardship, or may simply owe so much that you have no hope of becoming debt-free for decades.
If you find yourself in a situation where your credit card debt is unmanageable, the good news is that you do have options to negotiate credit card debt. The bad news is, doing so is likely to be d…
Read the full article at: https://www.fool.com/the-ascent/credit-cards/articles/can-you-negotiate-credit-card-debt/