subject: How to Receive Total Credit Card Debt Elimination and Stop Annoying Creditor Calls [print this page] How to Receive Total Credit Card Debt Elimination and Stop Annoying Creditor Calls
There are times when people swear that they will never use a credit card again. Of course, they forget their promise and start using the credit card again. However, there always comes a time, at least a few days in a month, where individuals holding the credit card swears that he or she will never use credit cards again.
The primary reason that pushes people into desperation is the annoying calls from the creditors. You are informed on a daily basis that you owe money to the creditors. You asked to give clarification on why you have not made the payment yet.
There are times when the same person calls three times in a row to ask the same question and receive the same answer. On the other hand, there are instances where different individuals call you and repeatedly tell you the importance of repaying your credit card debts on time.
All this can be particularly frustrating if you are not in a position to repay your debts because of income expense deficit. That is the reason why people resort to rash and reckless solutions because they think it will help them overcome their financial problems.
If you want to stop annoying collection calls, it is imperative that you make use of a solution that will help you enjoy total credit card debt elimination. The first that you should take is get in touch with your lenders and inform them that you not in a position to repay their debts in full.
The lender will either advise you to go in for bankruptcy or take legal action. Or, the lender will listen to your proposal to secure fifty to seventy percent discount in exchange of prompt repayment of the balance amount.
The moment you arrive at such a settlement deal, you can tell all collection agents that you shall not repay 70 % of the debt and shall repay only the balance amount. The best thing about this debt elimination program is that you can inform your collection agents that you are going in for a settlement deal even before it is finalized.
You can indicate that negotiations are in progress and that you shall repay the debt after the settlement deal has either been finalized or rejected.
You have the ability to provide this answer again and again without sounding defensive or apologetic. Rather, it is a debt settlement agent who will become defensive.
The process to pay off debts can be time consuming. If you are working within a certain time frame and need a faster process, options are available. Due, in part to the recession, creditors are agreeing to debt settlement deals. To receive more information on how to pay off debts through legitimate debt settlement, click the following link:
