I am going to be taking out a loan from a bank in order to pay off all of my credit card debt. On a few of my cards, I am over 30 days late on payments. Citi Card is calling constantly, lol. On some cards, I am caught up, but may be behind by the time I receive the funds from the loan. Would it be possible for me to negotiate with the credit card companies to reverse all late/over limit fees by tempting them that I will pay in full if they comply? Would they potentially be willing to reverse more than the current late/over limit fees? Either way, I will pay them in full...but I want to save as much $ as possible in the process.
2007-07-09 19:06:18 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
i doubt it. they're gonna get their money either way.... if u wait longer then they tack on more and more late fees....
2007-07-09 19:15:17 · answer #1 · answered by Jenn S 5 · 0⤊ 0⤋
Most credit card companies will work with you if the card is in collections and most would write off fees to get paid in full, but your best bet, now that you hold the power, is to negotiate a lower rate of interest.
2007-07-09 19:16:19 · answer #2 · answered by kajun 5 · 0⤊ 0⤋
i could look in any respect your concepts. in case you have met with a not for income client credit counseling center, i could additionally propose assembly with a financial disaster lawyer. it is obtainable to document in my view because of the fact the debt replaced into incurred past on your marriage. it is likewise available to not contain your place into the financial disaster filings as properly. maximum will grant a unfastened consultation. First you should document for residing house. This keeps you abode secure interior the form that there is a judgment against you. It keeps you from having to sell your place to pay the debt. it is carried out at you community county recorder's place of work, in many cases for below $20. final analysis, do not panic. a lot of human beings are on your comparable concern.
2016-11-08 21:26:51 · answer #3 · answered by deller 4 · 0⤊ 0⤋
Not a chance, no way, no how, won't happen. Sorry for the bad news but that's the way it operates. They do not bargain and your inducement will fall on dead ears.
2007-07-09 19:15:40 · answer #4 · answered by pjallittle 6 · 0⤊ 0⤋
Give it a shot. There is no harm in trying.
2007-07-09 19:20:25 · answer #5 · answered by PEGGY S 7 · 0⤊ 0⤋