If you're paying on time, the credit card company has no reason to believe you won't continue doing so.
This means you'll have to stop making credit card payments to get the settlement you want.
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At ACCC, our professional credit counselors will show you how to pay off credit cards, help you set a budget, and provide resources you can use to manage finances more effectively.
And, Credit.com’s free credit report summary can help you understand what’s inside your credit report. There are several safe and smart ways to consolidate credit card debt, so you’ll want to research them before deciding what’s best for you.
The best way to consolidate credit card debt — and whether consolidation will work for you at all — depends on your situation, so you might want to consult a non-profit credit counselor about your best options.
The following five tips can help you figure out which credit card consolidation strategy suits you best.
Many common ways to pay off debt involve higher interest rates, larger fees, additional debt, or a negative impact on your credit score.
To find better ways to pay off debt, consider the services available from American Consumer Credit Counseling (ACCC), a nonprofit agency dedicated to free credit counseling, affordable debt management, and showing people how to get rid of debt without ruining their credit score.