subject: Debt Settlement Relief – A Proven Tactic To Eliminate Unsecured Credit Card Debt [print this page] When we talk about eliminating debt obviously it means paying part of our debts back to our creditors, that is why we call it a negotiation that ends up in a settlement. Most credit companies are happy to talk settlement when accounts are past 90 days delinquency. Why is this? At this point in time the creditor has given up on the hope of making an arrangement with the client to pay the full amount owed back. Between 90 and 180 days is the best time to settle an account with the original creditor and get the best savings possible. Savings anywhere from 40 to sometimes 70 cents on the dollar can be seem in many cases here. It is a good idea for a person with unsecured credit card debt to think about this option to help relieve stress and save hundreds if not thousands of dollars along the way.
Debt Settlement Relief A Proven Tactic To Eliminate Unsecured Credit Card Debt