My husband is going to be off of work for a medical reason. We are self-employed truck drivers. Does anyone know how to make offers to credit card co. we don't want to default on anything it would just help if we could get some interest dropped off so we could try and get them completely paid off before he is hospitalized. thank you for any help.
2006-11-28 12:15:58 · 12 answers · asked by Kathy L 2 in Business & Finance ➔ Credit
Call the companies and explain your situation...you have nothing to lose!
2006-11-28 12:17:29 · answer #1 · answered by Moxie Crimefighter 6 · 1⤊ 1⤋
Call each one and explain the problem and let them know that you would like to pay them off by whatever date and see if the will settle. I went on disability and they settled for less with me as long as I made a lump sum payment. Good Luck and sorry to hear of your misfortune, You will be in my thoughts
Why all the thumbs down the answers were not bad and the couple are trying to honor there credit and it is for medical reasons not pleasure
2006-11-28 20:20:40 · answer #2 · answered by Nani 5 · 0⤊ 0⤋
just call the credit company and ask them if they will drop the intrest for you. If not, see if they are willing to make some kind of payment arrangement with you. I think some credit card companies will work with you to lower the interest on your card or make some kind of arrangements with you. If they won't let them know that you will have to look for another credit card company that will be willing to offer you a lower interest rate and that will roll your balance to your new card. This sometimes will want to work with you to keep your buisness with them. Good luck!
2006-11-28 20:21:30 · answer #3 · answered by kerrberr95 5 · 0⤊ 0⤋
I hate to say it but credit card companies have no mercy unless you purchased there protection plan for a situation like this you may be screwed. They are like wolverines when it comes to taking your money and they dont care how hard it is for you to get it to them. I know this doesnt help but I'm telling you what I know. Try to see if you can purchase the protection program from them for short term disability but by now it may be too late. Im very sorry to hear about your bad luck.
2006-11-28 20:18:31 · answer #4 · answered by ♥♫♥ Crystal ♥♫♥ 4 · 0⤊ 1⤋
Just call them up and ask. I called 2 companies and because I had been a loyal customer for several years and had never had a late payment, both companies said I was eligible for a rate reduction. I was surprised at the outcome. Both were no hassle.
2006-11-28 20:18:29 · answer #5 · answered by Meg...Out of Hybernation 6 · 1⤊ 1⤋
You just have to grit your teeth and call them and explain the situation and that you'd rather NOT file bankruptcy. This usually get's their attention. Of course, sometimes it depends on who answers the phone and sometimes it's a matter of company policy, which seems to constantly change. The key word is negotiation.
2006-11-28 20:18:57 · answer #6 · answered by jam_please 4 · 0⤊ 2⤋
All you can do is call and talk to the credit card company.
2006-11-28 20:17:37 · answer #7 · answered by curious 2 · 1⤊ 1⤋
you can call them and explain the situation to them let them know that your planning to honor your debt.
2006-11-28 20:19:23 · answer #8 · answered by Anonymous · 0⤊ 0⤋
It might help if you get a life insurance before he goes to the hospital...
2006-11-28 20:18:45 · answer #9 · answered by fergie fab 1 · 0⤊ 3⤋
Dear friend i hope this website will clear all your doubts...
http://www.nutch4.com/creditcards.html
2006-11-28 21:49:50 · answer #10 · answered by Anonymous · 0⤊ 0⤋