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Consumers can try to settle a credit card debt by negotiating with the credit card or collections company to pay off the debt at an amount less than what is owed, according to Nolo. Credit card companies might accept a l... More »

www.reference.com Business & Finance Credit & Lending

Two standard strategies for paying off credit card debt include using extra cash to pay down the card with the highest interest rate immediately and paying off the card with the lowest balance first. The first strategy i... More »

www.reference.com Business & Finance Credit & Lending

Paying off a credit card debt requires implementing one or more strategies such as paying off one card at a time or consolidating all debt into one payment. Another strategy is to pay more than the minimum amount each mo... More »

www.reference.com Business & Finance Credit & Lending
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Get help with credit card debt by negotiating directly with credit card companies for more time or better terms, suggests Nolo. If this isn't successful, contact a nonprofit credit counseling agency. As a last resort, co... More »

www.reference.com Business & Finance Credit & Lending

SST offers credit card services such as asset generation, conversion and record retention, payment processing, collections and customer services, explains the company. It also provides support functions and deficiency co... More »

www.reference.com Business & Finance Credit & Lending

A credit card company may sue any person who fails to pay off credit card debt. If the company wins a money judgment, it collects the amount due from the defendant's income and property. These consequences apply to peopl... More »

www.reference.com Business & Finance Credit & Lending

Some tips for negotiating a debt payoff include knowing who to talk to about different issues and considering the different options for negotiating, according to Nolo. It is also crucial that you get the final agreement ... More »

www.reference.com Business & Finance Credit & Lending