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A credit counselor may be able to help you get a debt settlement on your credit card. It will depend on if the counselor only gives you ways to get out of debt or if they are a settlement counselor.

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โˆ™ 2011-07-13 23:45:44
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Credit and Debit Cards

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The law is derived from three main sources what are they

If there is an erroneous payment then

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How do you know which transactions are awaiting your approval

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Credit and Debit Cards

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The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

How do you know which transactions are awaiting your approval

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Math and Arithmetic

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Please Evaluate this algebra expression -4 -3

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Q: Will a credit counseler help you get a debt settlement on your credit card?
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Related questions

What are the specifics of credit card debt settlement?

You should get a hold of a debt consolidator who will then go to bat for you with your credit card companies. They will work out a settlement that can be agreed upon by both the credit card company and yourself.

Can a credit card defaulter get house loan after the credit card debt settlement?


Does debt settlement companies help you settle with credit card debt?

Debt settlement companies can help negotiate debt relief with all your creditors. This will include credit card companies who may be willing to write off part of your debt.

Where can one find information about a debt settlement service?

If one has credit card debt, one can contact the credit card company and inquire about debt settlement services, Otherwise, one can go to the government website consumerfinance.

How do you settle debt with credit card?

Debt CAN be settled with credit card debt and other unsecured debts. Negotiating a settlement is between you and your creditor and settlements have happened for millions of people and helped them get out of debt.

What point can you request a settlement on credit card debt?

Settlement usually occurs when the account is past due and has been closed. You can either try to settle with the credit card company, or the debt collector that the credit company sold the account to.

Should you get enrolled in Debt settlement program to be debt free?

Debt settlement helps you in reducing your credit card debt & other unsecured debts. provides credit card debt settlement,tailor made plans for debt negotiation and giving you relief from your debts & taking the financial burden off your shoulder.

Where can one find out more about credit card debt negotiation settlement?

One can find more information about credit card debt negotiation settlements in different consumer guides. BeginnersInvest offers an article named "How to Negotiate a Credit Card Debt Settlement". That article handles the topic more in depth.

How can one go about starting a credit card debt settlement?

You need to get in contact with your credit card company and make an agreement on how you are going to pay back your debts. The cost to doing a credits card debt settlement is that you end up with a very bad credit score.

Are there government programs to reduce credit card debt?

Currently, no government credit card debt settlement programs exist. Consumers who are in debt trouble do not have the option of government assistance to get out. What does exist, on the other hand, is publicizing by organizations, some of which are obligation settlement organizations, attempting their best to delude you. Here are few tips that you may try to get out of dept: (

Where should one go to for Credit Card Debt Solution help?

Debt dot org is an organization dedicated to help people with their credit card debt. They do this by helping you with a debt settlement which allows people to settle without having to pay their debt in full.

How is date of last activity defined for a settled credit card debt?

The date of last activity for a settled credit card debt is the date that the settlement check cleared your financial institution and was posted to that credit card account. As the account was settled, there would be no more activity on that account. I hope that you have a letter from the agency offering the settlement. Without a letter stating the amount of the settlement, you may have just made a big payment on the debt and someone else will be hounding you for the balance.

Is settlement good or bad on credit report?

Debt settlement is good for your credit rating. Just settle the debt and move on. Do not use a debt settlement company, ever.

How do you come out of your credit card debt?

Most credit card statements will show you how long it will take to pay off your credit card debt based on your minimum payment and interest rate. You can avoid debt settlement and debt consolidation with credit card negotiation. My Plastic Wallet specializes in credit card negotiation. No up front charges and their work is backed by a 100% money back guarantee if they can not help you pay off your debt at least 3 times faster.

What is the difference between a debt card and a credit card?

The diffference between a debt card and a credit card is ,in a debt card it's money from your account .In a credit card is when you borrow money from the bank.

After you pay the collection agency the negotiated credit card debt settlement amount can the creditor still chase you for the balance of the credit card debt later?

Yes, unfortunately a negotiated settlement does not legally satisfy a debt. I would recommend that you request a letter from the creditor stating that the debt has been satisfied and make sure to submit that to the 3 credit bureaus as proof of fulfillment of collection. that is right, i settled a debt and they still have the balance on my credit report. I called the collectors (citi bank) and they told me i can go and dispute it

How does an agreement on a Chase credit card debt settlement offer affect your credit rating?

A debt settlement offer has no bearing on your credit rating or score. It is only an offer, a proposal. Your credit rating is based on how you have paid the debt in the past 7-10 years. Your credit score is a numerical picture of your assessed risk as a borrower, based on the information in your file at the time the score is requested.

How does a credit card debt settlement affect your credit?

Answer:Debt settlement will have a larger effect on your credit. When a debt is settled for less than its full value, the creditor will note that on your credit report. The damage is much less than you'd experience with bankruptcy or default, and in most cases your credit will improve within a couple of years.I took help of Freedom Debt Relief to settle my credit card debts, its been more than a year that I enrolled into their program and now I am almost debt free.

How does working with a credit card settlement company affect your credit score?

It is recommended that you pay an old debt through the original creditor. Credit settlement companies are out to make a profit and they will negotiate terms that are not true. Also, it is possible that you can pay the settlement company but still owe the original creditor. It has happened to me. The negative information reported by the credit card settlement company will affect your score negatively.

When are you in credit card debt?

A person is in credit card debt when they have charges on their credit card and can not pay them. A person can make charges on a credit card and make payments at a later date. When a person charges on their credit card, the charge is now a debt that must be paid.

Is there any websites for debt settlement?

There are several websites and some local places for debt settlemet.Typically they ask for credit card debt or other types to get you headed in the right direction.

Where can I get advice on credit card debt solutions?

I am so in debt and I am worried about paying my credit cards. Where can I get advice on credit card debt solutions?

Could You Get Garnished For A 1900 Credit Card Debt?

There were no credit cards in 1900, hence no credit card debt.

Is an additional credit card holder liable for the whole debt on the credit card account?

ia an additional credit card holder liable for the whole debt of the credit card account

Is better not to pay your credit cards or file for bankaruptcy?

{| |- | Bankruptcy is not an advisable option as it damages your credit for a long period of time, instead you can go for other debt relief options like debt consolidation or debt settlement. I consolidated my credit card debt with the help of Freedom Debt Relief, their debt reduction program helped me reduce my debt levels. |}