Your credit advice from the ACCC is always free. During this meeting, by phone or in person, our advisors help you document and analyze your financial situation. We create a list of customized options for you based on your financial goals and help you choose which approach is right for you. We also answer questions about the pros and cons of different approaches to debt repayment, including debt consolidation and a debt settlement contract. If this is the best solution for you, we have a specialized debt advisory team that can help you submit your creditors to full and definitive resolution offers. Some initial creditors have a policy in which they only send a transaction contract to the consumer when the consumer makes a payment. In general, you should have the attitude that a creditor or an original debt collector, if he refuses to make a deal in writing, is not ready to keep the promises he makes over the phone. A training agreement usually requires your credit card issuer to lower your interest rate or temporarily give up interest altogether. The bank may also be willing to take other steps to make it easier for you to track your debt, including reducing your minimum payment and possibly dropping late fees on your account Before negotiating with a credit card company on your own, you should familiarize yourself with the types of billing options normally available to consumers. If the credit card company is willing to pursue the idea of debt repayment, there is a good chance that they will want to enter into one of the following agreements. In the same note, if you made your minimum payment (or more) on time each month, you look like someone trying to get you away from your debt obligations. Your debt settlement offers should always go to the companies with which you have fallen behind in your payments. Although credit counselling firms are often not-for-profit organizations, their services are not free.
Many credit counselling companies charge start-up fees and monthly fees (often $25 to $35) when you sign up for a DMP. Over time, even these small fees can total up to thousands of dollars. While the opportunity to negotiate a transaction should encourage everyone to try, chances are you`ll hear a “no” somewhere along the way. If so, don`t hang up the phone and leave. Instead, ask your credit card company if it can reduce the annual percentage (APR) of your card, reduce your monthly payment or provide another payment plan. Often, your credit card representative feels bad about paying off debt because he has had to turn down your offer and may be willing to accept one of these other options. Not all creditors will be willing to accept reduced transaction offers. Rather, they agree whether it would otherwise take a long time to pay them back. If you are overwhelmed by credit card debt, it may be helpful to have a professional job on your behalf.
2020年12月6日 8:28 PM 未分類