Consumer credit report Savannah

Determine how much debt you have, what your current interest rates are and what your monthly minimums are. You will also want to figure out how much disposable money you currently have in case you decide to negotiate a lump sum settlement. After you have your action plan mapped out it is time to start calling consumer credit report Savannah your credit card companies. Once you have consumer credit report Savannah a rep from consumer credit report Savannah your company on the phone work with them to see if they will negotiate your interest rate, waive any late fees, set up a payment plan or if they will take a lump sum settlement. credit report instantly If you are looking to lower your interest rate you will want to know what the prime rate currently is. You can even specifically ask for that rate or just slightly lower. It is almost always more beneficial to negotiate a fixed rate.

Just as an FYI, most companies are only going to be willing to negotiate a consumer credit report Savannah reduced rate if you are current on your payments. all 3 free credit reports

If you have any late fees you may want to try to get them removed.

If you have been late on several payments you can often negotiate a payment plan with your credit card company. They certainly want to get your money, and if a payment plan is set up they know they are more consumer credit report Savannah likely to collect. Finally, if you are looking to pay off your credit card debt completely and you have the funds, offering consumer credit report Savannah a lump sum settlement can be the answer. Many credit card companies are willing to negotiate a onetime payment for anywhere between 25% 75% of what is owed. free annual credit report from government

Keep in mind that while this clears you of the debt, it can impact your credit rating. The company will most likely report to credit agencies that the account was settled for less then what was owed, hence lowering your score and making future creditors weary.