Credit cards are often necessary to bridge the gap between paychecks or account for unexpected expenses, but cardholders may only make minimum payments and never manage to get ahead.
Credit card debt settlement is one option to help get your finances back on track, as lenders are often willing to negotiate and help find ways to solve your current credit crisis. But what exactly is debt settlement, and what are your options? How do you start the processand is it the best fit for your finances?
Heres what you need to know about how to settle credit card debt.
What is a credit card debt settlement?
Credit card debt settlement is the process of negotiating with your lender to accept a lump sum settlement for your credit card debt.
Lets say…
Read the full article at: https://www.bankrate.com/finance/credit-cards/how-to-settle-credit-card-debt/