Trying to get out from under and beat credit card debt for good is a good goal and one that you can achieve. Depending on your current situation, you may need to look into a asking for a reduction of the amount you owe or as it can be known, a charge off. Perhaps it is a payment plan and lower interest rate that will give you the ability to beat credit card debt.
Credit counselors have jobs for a reason, and their number one purpose is to help people beat credit card debt and get back on their feet for good. They may be able to negotiate a settlement or reduction of your amount owed. If you are delinquent on your debt and the card company has been trying to collect for quite some time, they may be willing to settle for a lesser amount. Credit card debt is unsecured and the card companies will sometimes take a reduced amount rather then see you walk away.
If your goal is to beat credit card debt over time and you want to negotiate your interest rate down and reduce the required minimum payment, that may be as simple as just calling the card company yourself. A number of companies have high minimums because if you cannot pay them, they get to charge you interest and fees on the total unpaid balance. In order to beat credit card debt, you will need to get that minimum payment and interest rate down to your comfort zone.
If you chose to try and beat credit card debt on your own and it is you that will be calling your credit card company, then be sue to ask for the right department and a supervisor when you call. Do not just speak to customer service and take no for an answer. In order to beat credit card debt you are going to have to fight for the best deal that you can get. If you have no luck on your own, then it may be time to call a credit counselling service.
You can beat credit card debt but it is important to remember, you did not get into debt over night and you will not get rid of it over night either. That means that you will have to commit yourself to beat credit card debt and to living within your means. Once you do that, then work to develop a plan that you can live with. You can do this, and once you beat credit card debt for good you will feel like a million bucks. Knowing that you have the ability to climb out of debt and get your life back will feel like the best feeling in the world.
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